South Korea to strengthen monitoring on core raw material supply including Mg, W and Nd

At the Global Supply Chain Inspection Meeting held on December 9, the Ministry of Industry, Commerce and Energy of South Korea announced that it will strengthen monitoring on supply of 20 core raw materials to avoid recurring of raw material shortage such as urea.Asian Metal Copyright In particular, 20 kinds of materials including magnesium, tungsten and neodymium are prioritized items.Asian Metal Copyright South Korean government will put under central administration over 4,000 kinds of raw materials for which South Korea show high dependence upon international supply.Asian Metal CopyrightAt the Global Supply Chain Inspection Meeting held on December 9, the Ministry of Industry, Commerce and Energy of South Korea announced that it will strengthen monitoring on supply of 20 core raw materials to avoid recurring of raw material shortage such as urea.Asian Metal Copyright In particular, 20 kinds of materials including magnesium, tungsten and neodymium are prioritized items.

.Asian Metal Copyright South Korean government will put under central administration over 4,000 kinds of raw materials for which South Korea show high dependence upon international supplyAsian Metal Copyright