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South Korea News & Breaking Stories

North Korea - Kim Jong Un returns home from Russia
  • 21st Sep 2023

North Korea - Kim Jong Un returns home from Russia

North Korean leader Kim Jong Un has returned from his trip to Russia, where he strengthened ties with President Putin. The two countries discussed defense ties, leading to speculation about arms transfer deals in violation of U.N. resolutions.

Nexeon to Establish Anode Materials Plant in South Korea
  • 5th Aug 2023

Nexeon to Establish Anode Materials Plant in South Korea

UK-based Nexeon has chosen South Korea as the location for its first commercial production facility for silicon anode materials. The plant will be constructed in Gunsan and is expected to begin production in 2025. Nexeon has a supply agreement with South Korean chemical company OCI for the necessary raw materials. The proximity of the two sites will result in cost advantages and eliminate the need for complex logistics operations. Nexeon recently secured Panasonic as its first major buyer. CEO Scott Brown said the collaboration with OCI is a significant milestone that will help scale operations.

LK-99: The Revolutionary Superconductor Set to Transform the World
  • 2nd Aug 2023

LK-99: The Revolutionary Superconductor Set to Transform the World

Researchers from South Korea have published two papers describing the potential creation of a room-temperature superconductor known as LK-99. Superconductors are materials that exhibit near-zero electrical resistance and expel magnetic fields, allowing electric charges to move freely through them. Currently, superconductivity only occurs at extremely low temperatures and high pressures, limiting their practical applications. If the South Korean researchers' claims are validated, the room-temperature superconductor could revolutionize various industries by enabling transformative advancements at lower costs and with near-zero energy loss. However, further validation and scrutiny of the research is needed.

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