Korea Zinc's Nickel Sulphate Process Recognized as a Key National Technology
January 18, 2025 - 09:23
In a significant development, the nickel sulphate production process developed by Korea Zinc has been officially designated as a national strategic technology. This recognition comes after an extensive assessment conducted by various government agencies, including the Ministry of Trade, Industry and Energy, and the Ministry of Economy and Finance.
This designation underscores the importance of the nickel sulphate process in enhancing the country's technological capabilities and economic growth. Nickel sulphate is a critical component in the production of batteries, particularly for electric vehicles, which are increasingly vital in the global shift towards sustainable energy solutions.
By classifying this process as a national strategic technology, the government aims to bolster domestic production and reduce reliance on imports. This move is expected to attract further investments in the sector, fostering innovation and ensuring the competitiveness of Korea's materials industry on the global stage. The recognition marks a pivotal step in advancing the country's ambitions in the burgeoning electric vehicle market.
MORE NEWS
July 9, 2026 - 19:42
The Next AI Race Will Be Decided by Judgment, Not IntelligenceAs artificial intelligence agents begin to reshape customer service, sales, and support, a growing number of industry leaders are rethinking what will separate winners from losers. The conventional...
July 9, 2026 - 01:55
$9.3B Japan Factory Expansion Assert Micron Technology Inc. (MU) as a Top AI Stock on Wall Street RadarMicron Technology Inc. is drawing attention on Wall Street as a key player in the artificial intelligence space. The company recently broke ground on a major expansion of a factory located in...
July 8, 2026 - 10:45
Nocera Expands Diversified Technology Strategy With Binding Agreement to Acquire an Equity Interest in INERGX, an Integrated Energy Storage and Power Platform for AI, Defense and Mission-Critical DemandNocera, Inc. has signed a binding agreement to purchase an equity interest in INERGX, an energy storage and power platform focused on mission-critical applications. The deal positions the company...
July 7, 2026 - 22:45
Video: How Technology Changed the World CupThe World Cup has always been a stage for drama and skill, but in recent years, the technology behind the game has become just as important as the players on the pitch. The Athletic`s Hannah...