Korea Zinc's Tennessee smelter project wins U.S. support

Korea Zinc is building an integrated non-ferrous metals smelter in Clarksville, Tennessee, under Project Crucible with about $7.4 billion in investment, including a $210 million CHIPS Act subsidy. The plant will produce gallium, germanium, indium and antimony for semiconductors and defense, with Trump citing 740 new jobs.

• Project Crucible investment is about $7.4 billion, including $210 million under the CHIPS Act
• The plant will produce gallium, germanium, indium and antimony
• Trump said the project creates 740 jobs in Tennessee
• It would be the first U.S. smelter of its kind since 1979