Relevant Media, page-1385

translation of Korean article...




초청으로 호주 시드니와 더보를 방문했다. /충북도 제공

Reporter Chung Se-hwan of Chungbuk Investment Inducement Delegates visited Sydney, Australia, on November 11-18 at the invitation of Australian Strategic Materials Ltd., an Australian mining company.

KSM Metals, an Korean subsidiary of ASM, semi-planted Ochang plant in May to produce rare earth and rare salt velocity, which requires early supply of rare earth oxides from Australian mines.

In addition to Hyundai Engineering, which participated in ASM and rare earth refining plants, the province asked the Australian government to provide administrative support such as rapid disposal of licenses for early development of mines.

Dubo mines, which store strategic metal resources such as rare earth and zirconium, are expected to take more than three years to develop.

However, in order to shorten the development of the mine to less than two years, the government is asking for continued cooperation from the Australian government.

In addition, the provincial government is trying to dominate the competition for global strategic resources such as attracting investment by visiting rare-earth companies in Australia to achieve the shared growth of rare-earth industries.

Lee Jong-koo, director general of the Economic and Trade Bureau of the province, said, "Chungbuk will not stay in the rare earth production area, but will attract future-type automobile production and rare earth-related research and educational institutions," adding, "Chungbuk will build an organic industrial ecosystem of all industries and institutions of rare earth and grow into a world-class industrial center."