DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/e0d956/mining_industry_in) has announced the addition of the "Mining Industry in South Korea" report to their offering.
Mining industry in South Korea has been growing steadily for the past couple of years. South Korea's mining and refining sectors could be boosted by events in Japan. In the short term, South Korean companies such as Korea Zinc are likely to benefit from greater demand for lead, as consumers resort to battery power for energy supplies. Looking further ahead, reconstruction efforts in Japan are likely to increase demand for South Korean steel and copper. That said, demand for uranium may, however, be dampened by concerns over safety following the 2011 Japanese earthquake.
The South Korean government will continue to step up efforts to secure mineral resources overseas, especially given increasing competition for foreign assets from other resource-hungry nations in the region such as China and India. It is believed that South Korea's overseas resource acquisition strategy will be successful due to the availability of funds in the sector, well-managed companies with international expertise and the support of a proactive government.
South Korea is the fourth largest economy in Asia and home to many world-class companies employing cutting-edge technology in the production of everything from mobile phones to ships - all of which are exported in great abundance. It is expected to step up overseas joint ventures in the exploration and development of coal, copper and iron ore in Latin America, South East Asia and Africa in order to overcome its domestic mineral shortage. In particular, state-owned steel giant Pohang Iron and Steel Company (POSCO) has complemented its domestic expansion activities with recent projects in India, Brazil and Russia, among others. Furthermore, given growing demand for cleaner energy sources, South Korean companies have become increasingly interested in securing supplies of uranium, a key component in the generation of nuclear power.
Key Topics Covered:
- Executive Summary
- Industry Definition
- Global Mining Industry
- Asia Pacific Mining Industry
- South Korea Mining Industry
- Industry Trends
- Regulatory Framework
- Copper Market in South Korea
- Lead & Zinc Market in South Korea
- Nickel Market in South Korea
- Steel Market in South Korea
- Uranium Market in South Korea
- Competition in the Industry
- Major Industry Players
- Industry Forecast
- Glossary
Companies Mentioned:
- POSCO
- Korea Zinc Company Ltd
- Korea Resources
- Woulfe Mining Corporation
- Hyundai Steel Company
- SK Networks
For more information visit http://www.researchandmarkets.com/research/e0d956/mining_industry_in