KZ Story
Korea Zinc shares the brand values and future vision of the company
Korea Zinc’s Potential Unveiled at InterBattery 2024
2024-04-05

The world’s leading smelting technology
to produce the world’s best battery materials
Korea Zinc participated in InterBattery 2024, the largest exhibition in Korea and also one of the world’s top three exhibitions in the secondary battery industry, held at COEX in Seoul from March 6th to 8th. At the event, Korea Zinc showcased its overall vision for the future of the secondary battery materials business. Marking its 12th anniversary, InterBattery has been driving the development of the battery industry since its inception and this year’s exhibition has garnered significant attention worldwide with a record-breaking participation of 579 companies from 18 countries.


Mookyung Jung, president of sustainability management unit of Korea Zinc, and other key figures graced the successful hosting of InterBattery at the opening ceremony. In particular, Kyung-sung Kang, a vice minister of the ministry of trade, industry, and energy, stated, ” In consultation with relevant ministries, we will support R&D worth more than KRW 500 billion in the upcoming five years for the development of next-generation batteries and eco-friendly technologies.”
While K-battery companies are competing to present the latest trends in secondary battery technology, ranging from battery raw materials to materials, manufacturing, and spent battery recycling, Korea Zinc also successfully demonstrated its core technological capabilities in the secondary battery materials business, secured through continuous capacity building. Let’s take a closer look at the captured moments that attracted numerous attendees!


Zone 01 Value-Chain Diorama


As soon as visitors stepped into the Korea Zinc booth, their attention was immediately captured by the expansive ‘Kinetic LED Wall’, filling the whole booth. Korea Zinc was the only company to incorporate this technology among other exhibitors and provided a high level of engagement and enhanced the enjoyment of viewing the exhibition time by reinterpreting Korea Zinc’s next-generation process technology through dynamic motion.
Furthermore, at the center of the exhibition hall, a diorama was prominently positioned, depicting the entire process of the secondary battery material value chain, from raw material sourcing for battery material production to the final consumption of finished products. The diorama zone provided a comprehensive overview of Korea Zinc’s business operations, allowing visitors to grasp the general flow of the company’s activities at a glance.
Zone 02 Nikel Smelting


The nickel smelting zone featured a unique presentation highlighting the production process of nickel sulfate, used in the production of battery precursors, by using a robotic arm. As the arm moved in multiple directions, it illuminated various parts of the diorama, triggering interactive displays on monitors that replayed the corresponding processes.

Korea Zinc has secured a stable supply chain of raw materials with its subsidiary KEMCO’s nickel sulfate production capacity reaching 80,000 tons. Additionally, aiming for operation by 2026, Korea Zinc is leveraging its distinctive smelting method through an all-in-one nickel refinery to process various raw materials with different nickel contents, such as black mass and MHP, in a single facility. This approach offers a competitive advantage with higher production efficiency compared to other refineries.
Zone 03 Cathode Material

As the ESG standards are strengthened globally, there has been significant amount of attention on recycling technologies for spent batteries. Korea Zinc introduced each manufacturing stage of precursors and cathode active materials, linked with its nickel smelting and recycling business, at the battery cathode material zone. Additionally, Korea Zinc highlighted its world-leading technology that enables the recovery of various rare metals from spent batteries.
Korea Zinc Cathode Material Business
Establishing a competitive, integrated, and stable raw material supply chain for the growth of the eco-friendly electric vehicle industry

Korea Zinc Cathode
Material Business
Establishing a competitive, integrated,
and stable raw material supply chain
Cathode Precursor
- Competitive precursor production by introducing a new process with high productivity
- Securing raw material supply competitivenessby possessing competitiveness in both smelting primary raw materials (minerals) and recycling secondary raw materials (spent batteries)
- Maximizing cost efficiency by linking nickel smelting, battery recycling process, and precursor process
Nickel Smelting
- Producing nickel sulfate through distinctive proprietary smelting methods
- High smelting efficienc
- Ensuring price competitiveness
- Securing stability in nickel ore supply as a leading global smelting company
- Synergy linked to downstream industries (precursors, recycling)
Lithium Products
- Korea Zinc’s battery recycling technology ensures the highest level of lithium recovery rates
- Production process that allows the choice between lithium carbonate and lithium hydroxide
- Produce high-quality products without any additional processing steps
Battery Recycling
- 5High-efficiency wet recycling process completed with 50 years of smelting technology
- Highest target metal recovery rate
- Recycle functionality utilizing various feedstocks
- Dramatic reduction in waste and wastewater generation
- Synergy linked to downstream industries(nickel sulfate, precursor, lithium C.P.)
Zone 04 Copper Foil(Anode Material)

Copper foil zone drew attention with a model that reproduced the actual copper foil products delivered to customers. A touch screen was installed to interactively introduce to the audience on the differentiated milling technology and impurity suppression technology, based on Korea Zinc’s unique electrolysis technology accumulated over the past 50 years. This zone showed better understanding of the product structure and detailed processes.
A company that most reliably supplies
the world’s best eco-friendly copper foil
based on Global No.1 Smelting Technology

1
Stability of raw materials supply
- Use of in-house produced electrolytic copper
- Establishment of global raw material supply
routes through the acquisition of IGNEO,
a Global E-waste processing company
2
100% Recycled Raw Materials
- Extracting high-purity copper from
e-waste/waste concentrates - Reducing carbon emissions compared to
using millberry
3
Differentiated copper foil
production technology
- Maximizing process efficiency through
specialized copper smelting technology
for high-purity solution production - Milling technology through Korea,
zinc’s unique electrolytic technology
with over 50 years of experience
4
Securing optimal global production
hubs and expansion
- Strengthening competitiveness through
the global expansion of copper foil factories - Simplifying SCM, reducing Lead Time, and
establishing economic advantages

“ From Global Non-ferrous Metal Leader to
Renewable Energy and Sustainable Materials Company “
Establishing a comprehensive secondary battery value chain
from waste battery recycling to precursor production
Q1
What was the reason for participating in InterBattery 2024?

Communications
Team
Hyesil Hong
Senior Manager
Korea Zinc is strategically fostering its secondary battery materials business as one of the key drivers under the Troika Drive initiative. This marks our third InterBattery participation since 2022. We aim to introduce our secondary battery materials such as cathode and copper foil, as well as battery recycling which is made through our smelting technology accumulated over half a century.
Given that this business aligns with the contemporary demands of ESG management, we plan to expand more related ventures.
Q2
What is Korea Zinc’s differentiated specialty in producing high-purity nickel sulphate?

Strategies & Planning
Team 1
Yeongjun Park
Manager
Our primary strength lies in our ability to handle a diverse range of raw materials.
With materials like Mixed Hydroxide Precipitate (MHP), matte, and black mass, the nickel content and composition vary significantly, necessitating various smelting methods to recover the metal. This diversity makes it extremely challenging to process within a single refinery.
However, Korea Zinc, leveraging its unique smelting technology and extensive expertise, can handle all these materials within the same refinery. As a result, we not only achieve higher recovery rates, but also secure a competitive edge in terms of cost. This flexibility allows us to adapt quickly to fluctuations in raw material supply, thereby ensuring resilience in the face of changes in the nickel market landscape.
Please explain the current status of pursed projects in both short and long term,
including the construction of the all-in-one nickel refinery
Q3
The all-in-one nickel refinery is set to undergo expansion in two phases. Phase 1 involves expanding the facilities to process materials such as Mixed Hydroxide Precipitate (MHP), matte, and black mass, aiming to achieve a total production capacity of 63,000 tons by 2026 (*including the existing capacity of 22,000 tons). Phase 2 is the expansion of facilities to process refined ores, aiming to achieve a total production capacity of 83,000 tons by 2028.

Strategies & Planning
Team 1
Yeongjun Park
Manager
What is the secret behind Korea Zinc’s ability to seize a technological advantage
in the battery recycling field?
Q4
Korea Zinc has established competitiveness in the battery recycling sector by integrating its distinctive smelting technology with recycling processes. This integration ensures both increased production capacity and efficiency in cathode precursor materials, thereby solidifying our competitiveness in raw material supply. We established KPC Co., Ltd., aiming to establish ourselves as the leader in the domestic secondary battery materials industry and address supply instability stemming from country or region-specific biases in the cathode precursor supply chain.
Furthermore, Korea Zinc has developed a stable lithium raw material supply chain by producing Battery Grade high-purity lithium carbonate and lithium hydroxide products through battery recycling processes to address the instability in lithium supply compared to the increasing demand. Moreso, Korea Zinc has optimized cost-effectiveness and supply stability by integrating the total value chain of secondary battery materials, including nickel smelting, battery recycling, precursor production, lithium production, and electrolytic copper foil production.

TD Sales Team
Chanung Park
Manager
How is Korea Zinc expanding its mass production capacity for copper foil in a market
with high growth anticipation in the global secondary battery sector?
Q5
Korea Zinc plans to build a production system with a total copper foil production capacity from the current 13,000 tons to 26,000 tons by 2025 and further to 60,000 tons by 2028. Securing the crucial titanium drums for copper foil plant expansion marks a significant step, while we are also exploring overseas expansion to enhance profitability and competitiveness.
Drawing on 50 years of smelting expertise, Korea Zinc produces eco-friendly copper foil from 100% recycled electric furnace feedstock, ensuring high metal recovery rates. By prioritizing the use of recycled materials, we aim to minimize carbon emissions and proactively align with the sustainable management practices demanded by both the global community.

TD Sales Team
Chanung Park
Manager
Q6
What is Korea Zinc’s future growth vision for securing sustainable
industrial competitiveness?

Communications
Team
Hyesil Hong
Senior Manager
Secondary batteries are key components for the production of eco-friendly electric vehicles. Korea Zinc is strengthening its materials business for secondary batteries to lead in environmentally friendly raw material procurement. Additionally, since 2022, we have been accelerating our pursuit of new growth strategies to foster sustainable business and management activities. To transition towards a green portfolio, we are also advancing renewable energy generation and green hydrogen production. Furthermore, we aim to practice ultimate green management by establishing systems for recycling secondary materials, electronics, and metal scraps to sustainably secure materials.
From the best smelting technology over the past 50 years
To securing stable mineral resources through global mining networks,
Korea Zinc’s secondary battery materials industry
has experienced remarkable growth.
Korea Zinc is an innovative company creating future value
for eco-friendliness and circular economy.
Through relentless change and innovation beyond limits,
Korea Zinc will continue to drive qualitative growth
and pioneer a sustainable future.