nov 24 ~ The Korea Herald
S. Korea to increase stockpile of rare metals to ensure stable supply
Google it
Bodes well for KMP, KSM, ASM & DZP
Currently hold max 100 day stockpiles & will increase this to 180 days max
Stockpiles are government backed & rare metals include neodymium
Aug 2021 ~ The Korea Herald reported same stockpiles to increase from 57 days to 100 days supply ~ describing REE as weaponized by large producers & critical minerals & metals as the vitamins of industry
In August 2021 in same article South Korea trade ministry is referenced as expecting demand for the 35 rare metals to quadruple by 2040
South Korea government has been encouraging businesses to actively seek stakes in relevant mines
If only Australian governments were this proactive and focused and supportive of the whole mines to metals & manufacturing ~ maybe FFI & ASM can address this better than governments
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