Korea Zinc Smelter in Tennessee
Sector: Critical Minerals • Location: Tennessee, United States
Source: Investing.com
Korea Zinc will build a $7.4 billion smelter in Tennessee through a joint venture with U.S. partners. The U.S. Department of War will hold a 40% stake in the JV, and the Commerce Department will provide $210 million in subsidies under the CHIPS Act. Korea Zinc will issue $1.9 billion in new shares to the JV and U.S. strategic investors, giving them about 10% of the company. Construction begins in
- Status
- Prospective
- Sector
- Critical Minerals
- Location
- Tennessee, United States of America
- Updated
- 22 Jul 2026
- Source
- Investing.com
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Korea Zinc will build a $7.4 billion smelter in Tennessee through a joint venture with U.S. partners. The U.S. Department of War will hold a 40% stake in the JV, and the Commerce Department will provide $210 million in subsidies under the CHIPS Act. Korea Zinc will issue $1.9 billion in new shares to the JV and U.S. strategic investors, giving them about 10% of the company. Construction begins in 2026, with phased operations starting in 2029. |
Original sector | Critical Minerals |
Budget |
Location
Country | United States of America (USA) |
State | Tennessee |
Source
Source | Investing.com |
URL |
More Details
Record type | Project |
Article published date | 2026-04-05 |
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