Korea Zinc to accelerate U.S. smelter project under FAST-41 program
Korea Zinc's U.S. integrated smelter project, Project Crucible, has been designated for the U.S. government's FAST-41 permitting program, expected to expedite necessary permissions. The multibillion-dollar smelter in Tennessee is slated to begin construction next year and produce 13 materials, including zinc, lead, and copper, by 2029.
Korea Zinc's U.S. integrated smelter initiative, Project Crucible, has been designated for the U.S. government's FAST-41 permitting program. This designation is expected to expedite the project's necessary permissions, allowing it to gain approval earlier than expected. The multibillion-dollar smelter will be built in Tennessee and is slated to begin construction next year, with production targeted for 2029. The facility is expected to produce 13 materials, including zinc, lead, copper, antimony, indium, bismuth, tellurium, and gallium. Up to 11 of these materials are classified as critical minerals. Korea Zinc Chairman Yun B. Choi pledged to keep the smelter project on schedule, citing its importance in building a safe and resilient critical minerals supply chain.
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