Latest / Prestons Super Show / Korean Zinc's $6.6B Refinery Boosts Tennessee Economy

Transcript

Korean Zinc's $6.6B Refinery Boosts Tennessee Economy · Prestons Super Show

• 0:01
  Korean Zinc is opening a new refinery in Tennessee dedicated
• 0:06
  to critical minerals such as zinc, copper, lead, rare earth
• 0:11
  silver, gold, antimony, germanium and gallium.
• 0:16
  The $6.6 billion investment is the largest in Tennessee's
• 0:20
  history. Expected job creation is roughly
• 0:24
  740 new jobs across Montgomery and Smith counties.
• 0:29
  The state-of-the-art smelter and facility is valued at $7.4
• 0:35
  billion. The Department of War holds a
• 0:38
  40% stake in the project. The smelter is critical because
• 0:44
  it will process the complex ores from Latin America, which
• 0:49
  directly will impact the supply chain.
• 0:52
  Nobody can deny jobs are coming back, and these critical
• 0:57
  minerals in rare earths are a huge part of that.