Korea Zinc announced on the 6th that it recorded a revenue of 7.6582 trillion won and an operating profit of 530 billion won for the first half of this year. This represents an increase of 40.9% and 16.9%, respectively, compared to the same period last year, marking the highest performance since its founding, the company explained.
In the second quarter of this year, the company recorded a revenue of 3.8254 trillion won and an operating profit of 258.9 billion won. It successfully achieved profitability for 102 consecutive quarters based on operating profit.
A representative from Korea Zinc noted, "The increase in performance was due to diversifying our business portfolio beyond existing institutional sectors to include strategic minerals such as antimony and bismuth, as well as precious metals like gold and silver."
Antimony, a representative strategic mineral, is highly flame-retardant and is used as a core material in the defense industry for ammunition, missiles, and military electronic devices. Korea Zinc plans to export around 100 tons of this mineral to the United States within the year and intends to increase export volumes starting next year.
Korea Zinc added, "We will faithfully fulfill our public function as a hub of core mineral supply chains through continuous innovation and proactive investment."