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LG Electronics’ Key Parts Partners Join Expansion into India…Building ‘Comprehensive Appliance Cluster’

LG Electronics’ Key Parts Partners Join Expansion into India…Building ‘Comprehensive Appliance Cluster’

(Photo : LG) Major partners of LG Electronics are joining the company’s expansion into India to support its new manufacturing plant. The establishment of a "comprehensive appliance cluster" in the region is expected to enhance production efficiency and reduce logistics costs. According to the Andhra Pradesh State Ministry of Industry and Commerce on the 21st, four partner companies will set

Apr 21 2025
06:28 PM PDT
U.S. Fast-Tracks Key Mineral Mining Projects to Strengthen Supply Chains

U.S. Fast-Tracks Key Mineral Mining Projects to Strengthen Supply Chains

(Photo : Perpetua Resources) The U.S. is accelerating the permitting process for major mining projects as part of efforts to bolster critical mineral supply chains. On the 18th, the White House announced, "In line with President Donald Trump’s plan to expand domestic production of critical minerals, the federal government will expedite the permitting process for 10 mining projects, with plans

Apr 21 2025
06:20 PM PDT
Construction Machinery Embraces ESG Era… HD Hyundai, Doosan Accelerate into Recycling Industry

Construction Machinery Embraces ESG Era… HD Hyundai, Doosan Accelerate into Recycling Industry

(Photo=HD Hyundai Construction Equipment) Major South Korean construction equipment companies, including HD Hyundai Construction Equipment and Doosan Bobcat, are turning their attention to the recycling industry. At key exhibitions in North America and Europe, they are showcasing waste management and resource circulation equipment, aligning with the ESG trend and targeting the circular economy market as a new growth driver. According

Apr 20 2025
06:17 PM PDT
Colombia’s Construction Projects Gain Momentum… Expanding Opportunities for Korean Heavy Equipment Businesses

Colombia’s Construction Projects Gain Momentum… Expanding Opportunities for Korean Heavy Equipment Businesses

(Photo=HD Hyundai Construction Equipment) Colombia is ramping up large-scale construction projects as part of its national development plan. With the growing demand for heavy machinery, Korean companies are expected to find increasing opportunities in the market. According to market research firm Fitch Solution on the 20th, Colombia’s infrastructure construction sector has been recovering since last year. As the industry rebounds

Apr 20 2025
06:13 PM PDT
MP Materials Suspends All Rare Earth Exports to China

MP Materials Suspends All Rare Earth Exports to China

(Photo=MP Materials) MP Materials, the largest rare earth producer in the U.S., has halted all exports to China, citing new Chinese export controls. On April 17, the company said it would stop selling rare earth materials to China "to help reindustrialize the U.S. mineral supply chain." The move comes after the U.S. imposed a combined 145% tariff on Chinese imports-20%

Apr 18 2025
06:00 AM PDT