KOREA ZINC

Since our founding in 1974, we have grown into the world’s leading comprehensive nonferrous smelter, overcoming challenges such as limited technology, a lack of specialized personnel, and insufficient production infrastructure in resource-scarce South Korea with remarkable determination. By focusing solely on smelting operations, we have significantly contributed to the growth of the domestic economy and enhanced the quality of life by providing essential nonferrous metals that form the foundation of a wide range of industries.

After experiencing significant growth and development over the past five decades, Korea Zinc is poised to embark on a new journey. Expanding beyond our global smelting business, we are embracing the future through our “Troika Drive” strategy, which includes initiatives in renewable energy and green hydrogen, critical materials for secondary batteries, and resource recycling efforts.

In Australia, home to Sun Metals Corporation’s (SMC) zinc smelter—recognized as the world’s most environmentally friendly—we are actively advancing eco-friendly energy initiatives. Our efforts encompass developing renewable energy from solar and wind power, as well as producing, transporting, and supplying green hydrogen and ammonia. We are also addressing the growing battery industry’s needs by establishing Cathode Active Material value chain, from nickel raw materials to nickel sulfate and precursors, and manufacturing critical secondary battery materials like copper foil. Furthermore, we are enhancing our eco-friendly competitiveness by promoting a resource recycling system that efficiently recovers valuable metals from electronic waste, including solar panels, leveraging our advanced smelting expertise.

To build on our 50-year legacy and prepare for the next century of success, we launched the Big Question Project in 2020, a four-year initiative involving all employees. This effort resulted in a mission book that outlines our new mission and five core values: Honesty, Engagement, Agility, Communication, and Teamwork. These principles will guide us through future challenges and drive initiatives like the Troika Drive toward success. By embracing our new mission and core values, leveraging the technological advantages and market competitiveness we have developed over five decades, and investing in production infrastructure and safety, we aim to establish ourselves as the world’s leading eco-friendly energy and materials company. This approach will enable us to navigate new horizons and shape our future trajectory.

As we expand our business portfolio, we are also sharpening our focus on fostering innovation within our organizational culture, work environment, and talent acquisition and development. We actively embrace and integrate the rich diversity of our business sectors, geographical locations, and workforce into our corporate ethos. To strengthen our soft power, we are making significant investments in talent development and capacity building, ensuring that all employees are adaptable, strategic, and capable of responding to uncertainties as a unified team.

Finally, we are committed to sustainability. The responsibility of corporations in addressing the complex challenges facing humanity, particularly the environmental crisis driven by climate change, is becoming increasingly significant. As a conscientious global corporate citizen, we are motivated by a strong sense of purpose and aspire to be a company that embraces sustainability beyond our immediate business stakeholders. We actively engage in various social contribution initiatives for our country, society, and future generations.

We appreciate your continued interest in the bold steps Korea Zinc is taking as we move forward.

Sincerely,