Lutnick Confirms Korea Zinc Will Build US Minerals Facility

Korea Zinc will build a critical minerals smelter and processing facility in Tennessee, Commerce Secretary Howard Lutnick says in a statement on X.

• Lutnick praises a deal announced by Korea Zinc in regulatory filings on Monday
• The plant will produce 540,000 tons of materials per year, Lutnick says
• US will have priority access to Korea Zinc products starting in 2026, Lutnick says
• NOTE: US to Back Korea Zinc’s $7.4 Billion Critical Minerals Plant

To contact the reporter on this story:
Yash Roy in Washington at yroy@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

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