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South Korea

South Korea is a country located in East Asia, occupying the southern portion of the Korean Peninsula. The capital is Seoul, a major global financial and technology hub. With a population of approximately 52-million people, South Korea has developed into one of the world's most advanced economies, ranking among the top 15 by gross domestic product. The country is a leading exporter of electronics, automobiles, ships, petrochemicals and steel, with globally recognised brands including Samsung, Hyundai and LG driving its industrial base. South Korea's currency is the won (KRW), issued by the Bank of Korea. The government operates as a presidential republic with a strong emphasis on export-led growth and technological innovation. South Korea is a member of major international economic organisations including the G20, the Organisation for Economic Co-operation and Development and the World Trade Organization. The nation maintains significant foreign exchange reserves and has emerged as an important source of development finance and investment for African countries, particularly through infrastructure projects and technology partnerships. Since the end of the Korean War in 1953, South Korea has transformed from a war-torn agrarian economy into a high-income industrialised nation, a transition often cited as an economic development model for emerging markets.

South Korea News


Brazil President Luiz Inacio Lula da Silva
US imposes new 25% tariffs on Brazil, expands exemptions list
17th July 2026 By: Reuters

The US will hit Brazil with new 25% duties on its furniture, ethanol, machinery, footwear, sugar and other goods such as pig iron and mining equipment, launching a new wave of tariffs that could... 


Strait of Hormuz
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says
17th July 2026 By: Reuters

If the US and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency (IEA) executive director Fatih Birol said... 


Tungsten mining at Sangdong mine, in South Korea
Almonty secures longer term, higher volume and improved pricing with offtake amendment
15th July 2026 By: Marleny Arnoldi

Global tungsten producer Almonty Industries has entered into an amended offtake agreement with its long-term customer Global Tungsten & Powders, covering tungsten concentrate produced from Phase 1... 


Coal mine in Vietnam
Vietnam eyes building more coal power as war squeezes LNG supply
10th July 2026 By: Bloomberg

Vietnam is considering developing more coal-fired capacity to meet its power needs as the US-Iran war constrains supplies of liquefied natural gas (LNG). “Recent conflicts in the Middle East have... 


Kearney mine
Global Battery Materials confirms promising economics for Kearney graphite mine restart
9th July 2026 By: Marleny Arnoldi

Vertically integrated critical minerals company Global Battery Materials has announced a positive preliminary economic assessment (PEA) on the Kearney graphite project, in Ontario, finding an... 


Rhyolite Ridge project
Australia's Ioneer signs MoUs with South Korean firms for lithium-boron project
8th July 2026 By: Reuters

Australian lithium miner Ioneer said on Wednesday that it has signed separate non-binding memorandums of understanding (MoUs) with South Korea's Korea Overseas Infrastructure & Urban Development... 


Lynas rare earths site in Australia
Australia's Lynas, South Korea's JS Link sign deal for Malaysia magnet factory
7th July 2026 By: Reuters

Lynas Rare Earths said on Tuesday it has signed a partnership deal with South Korea's JS Link to develop a magnet factory in Malaysia. The Australian rare-earths producer will also supply... 


LNG vessel
Global LNG trade hit record in 2025, but Middle East conflict clouds outlook, IGU says
7th July 2026 By: Reuters

Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on... 


Sub-Saharan Africa set for world’s fastest 5G growth, with subscriptions set to soar to 370m by 2031
3rd July 2026 By: Natasha Odendaal

Sub-Saharan Africa is forecast to have the fastest 5G subscription growth globally, rising from about 30-million in 2025 to about 370-million by 2031. By 2031, total mobile subscriptions in... 


Almonty tungsten mining at Sangdong in South Korea
Almonty reaches first tungsten processing throughput in South Korea
2nd July 2026 By: Marleny Arnoldi

Nasdaq- and ASX-listed tungsten producer Almonty Industries has started processing operations at its Sangdong mine, in South Korea. The company this month started feeding stockpiled run-of-mine... 


Coal import data from December 2025 to June 2026
Asia's thermal coal imports jump on China, Japan, S.Korea buying
26th June 2026 By: Reuters

Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the... 


Micronised graphite
Australia's International Graphite secures Asia Pacific offtake agreement for graphite concentrate
25th June 2026 By: Marleny Arnoldi

ASX-listed International Graphite (IG6) has secured a three-year commercial agreement to supply graphite concentrate to Hong Kong-based trading company Wogen Pacific. As part of the agreement,... 


Lithium ore on conveyor
Lithium producers bet on battery storage as demand shifts beyond EVs
25th June 2026 By: Reuters

The lithium industry is growing more optimistic about a market recovery as booming demand for battery storage systems helps offset a slowdown in some electric vehicle (EV) markets, leading... 


Ioneer's Rhyolite Ridge project
Australia's Ioneer ties up with two South Korean firms for Nevada lithium project
23rd June 2026 By: Reuters

Australian lithium miner Ioneer said on Tuesday it has tied up with Korea Overseas Infrastructure & Urban Development and Hyundai Engineering to support the development of its Rhyolite Ridge... 


Copper processsing operation
UK to invest $66 million in critical minerals to reduce import reliance
22nd June 2026 By: Reuters

Britain will invest £50-million ($66-million) to boost domestic production of critical minerals, the government said on Monday, as it seeks to reduce reliance on concentrated global supply chains... 


An oil tanker at sea
Hormuz reopening to release wave of oil supply, depress prices
18th June 2026 By: Reuters

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the... 


Tungsten
Canadian miner Pure Tungsten targets first shipments from restarted South Korea mine soon
17th June 2026 By: Marleny Arnoldi

Canadian miner Pure Tungsten Global expects first tungsten shipments from its newly restarted Ssangjon mine, in South Korea, by late July and for the company's shares to list on the LSE during the... 


Coal
China mine disaster, Indonesia policy changes upend global coal market
17th June 2026 By: Reuters

A deadly mining accident in China's biggest coal-producing region and mounting policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could... 


DLE plant
Anson to host South Korean lithium DLE plant at its brines in Utah
12th June 2026 By: Marleny Arnoldi

ASX-listed Anson Resources has signed a definitive demonstration plant agreement with South Korean steel and battery materials producer POSCO Holdings for the construction and operation of a direct... 


Represenatives from Hanwha and Frontier Lithium at a visit to Frontier's offices are (from left) Tomotaka Kawabata, Susumu Okabe, Byeong Joong Kim, Woo-young Chang, Trevor Walker, Erick Underwood, Greg Da Re and Takahiro Kume.
Frontier Lithium, Hanwha sign MoU to explore lithium value chain opportunities
11th June 2026 By: Creamer Media Reporter

Toronto- and Frankfurt-listed Frontier Lithium has entered into a nonbinding memorandum of understanding (MoU) with Hanwha Corporation and Hanwha Ocean (collectively Hanwha) to establish a... 


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pqt: 0.085s - ct: 0.133s - 277pq - 2rq
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