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.
