Korea Zinc Soars on Surging Silver Sales

Korea Zinc has reported record first-half earnings, driven by a significant increase in silver sales. The company's consolidated revenue for the period was 12.445 trillion won, with operating profit of 1.333 trillion won, up 62.5% and 151.5%, respectively, from the same period last year.

The surge in silver sales is attributed to rising demand in advanced industries such as semiconductors, electric vehicles, and batteries, coupled with higher silver prices in the first quarter.

Korea Zinc's ability to recover metals from raw materials is a key factor in its success. The company has invested heavily in technology and facilities, allowing it to achieve a recovery rate of nearly 100% for silver.