Located in the Ochang Foreign Investment Zone, 115 kms south of Seoul, the Korean Metals Plant (KMP) opened in May 2022. Since then, ASM has successfully commissioned the plant’s neodymium praseodymium (NdPr) metal and neodymium iron boron (NdFeB) strip alloy production lines and is supplying product to an international customer portfolio.

The KMP is one of the few facilities outside of China capable of producing the high-tech metals and alloys needed for clean energies technologies, advanced manufacturing, defence and aerospace.

Map of South Korea showing major cities: Seoul, Daejeon, Ochang, Daegu, Gwangju, and Busan, with Ochang marked near the center.

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.

A group of people in formal attire stand in front of a modern building with orange and gray panels, with flower wreaths and celebratory streamers displayed outside.

Accreditations

The Korean Metals Plant has obtained the following formal accreditations:

ISO 14001: 2015
Environmental Management Systems

ISO 9001: 2015
Quality Management Systems

ISO 45001: 2018
Occupational Health and Safety Management Systems

IATF 16949: 2016
Quality Management Systems for the automotive industry

Products

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