Joo Young Jun News Today

Koreas industry ministry said Tuesday that Chinas envisioned export controls on two metals essential for chipmaking and high-tech industries would have a limited impact on the country in the near term, but vowed to beef up monitoring and seek swift responses to minimize industrywide ripple effects.

Korea has asked the United States to expand the list of nations that provide electric vehicle (EV) battery makers with critical minerals affecting eligibility for credits under the Inflation Reduction Act (IRA), Seouls industry ministry said Thursday.