ASM’s Korean Metals Plant is located in the Ochang Foreign Investment Zone, in Ochang Province, approximately 115 kms south of Seoul, Korea.


The Korean Metals Plant was officially opened in May 2022, following completion of construction and installation activities.

The plant is now in Phase 1 commissioning.


The Korean Metals Plant has obtained the following formal ISO accreditations:

ISO 14001: 2015
Environmental Management Systems

ISO 9001: 2015
Quality Management Systems

ISO 45001: 2018
Occupational Health and Safety Management Systems


The initial focus of the Korean Metals Plant is on neodymium and neodymium iron boron alloys.

These are used in the permanent magnets in electric vehicles and wind turbines.

Other product lines which may be produced at a later date include:

  • High purity titanium
  • Zirconium
  • Hafnium
  • Niobium