US President Donald Trump has touted Korea Zinc’s planned multibillion-dollar smelter in Tennessee as a major investment secured through his tariff policies, putting the Korean metals company’s “Project Crucible” in the spotlight as Washington seeks to strengthen domestic critical mineral supply chains. Speaking at a campaign rally in Clarksville, Tennessee, Saturday, Trump singled out Korea Zinc’s investment as evidence that his trade policies are attracting foreign capital and creating America

The sound of running shoes hitting the ground filled Sejong Central Park on Friday, as South Korea celebrated Hangeul Day. Runners in athletic gear gathered with families, friends and coworkers to stretch and warm up at the starting line. Parents held their children's hands as they took in the crisp autumn air. They had come for the 2026 Hangeul Run, held to mark the 100th anniversary of the naming of Hangeul Day, originally known as Gagyanal. This year’s Hangeul Run drew approximately 13,000 ru

Having debuted in 2004, the Tucson achieved 10.53 million global cumulative sales last year, becoming Hyundai Motor’s third model to pass the monumental 10 million mark, after the Elantra and Accent sedans, making it the first SUV in its lineup to do so. Firmly established as a core compact SUV across North America, South America, Europe, the Asia-Pacific region and Africa, the fifth-generation Tucson now returns with a full revamp. The new model features the vehicle’s boldest design upgrade yet

LG Energy Solution posted record quarterly revenue in the third quarter, fueled by stronger electric vehicle battery shipments in Europe and rapidly growing demand for energy storage systems in North America. The battery maker said Thursday that preliminary revenue reached 9.64 trillion won ($7.21 billion), up 59 percent from a year earlier and 27.6 percent from the previous quarter. Operating profit rose 25.7 percent on-year and more than sixfold from the second quarter to 756 billion won. Excl

HD Construction Equipment is expanding into the fast-growing US data center power market with a 390 billion won ($291.4 million) engine supply deal. The company said Wednesday it signed an agreement with US power infrastructure solutions provider ERock to supply 22-liter, high-efficiency long-block gas engines from 2027 through 2028. ERock will integrate the partially assembled engines into generator sets to supply power to hyperscale data centers operated by US tech companies. The deal marks HD

Posco Future M has signed a 6 trillion won ($4.48 billion) deal to supply Samsung SDI with lithium iron phosphate battery materials, expanding their partnership as the battery industry seeks alternatives to Chinese suppliers. The agreement covers LFP cathode active material deliveries from 2027 through 2032. Posco Future M said the contracted volume is more than double the 190,000 tons covered by an earlier agreement signed in August. The companies have also consolidated individual supply contra

Hyundai Motor Group is closing in on Ford’s position as the third-largest automaker in the US, with strong hybrid sales putting a potential third-place finish on an annual basis within reach. Hyundai Motor and Kia outsold Ford in July and August, building a lead of more than 15,000 vehicles over the two months. But sustaining that momentum could become harder as Washington relaxes fuel economy rules, giving US rivals more room to focus on their profitable gasoline-powered SUVs and pickups. The c

Doosan Robotics said Tuesday it had secured two major Korean government R&D deals to build South Korea’s first physical AI manufacturing platform by embedding domestic semiconductors into collaborative robots. The government-backed projects will receive 68.1 billion won ($50.7 million) in subsidies through the Industry Ministry and the Industry Ministry and the Korea Planning & Evaluation Institute Industrial Technology, with Doosan providing another 30.8 billion won. For the first project, Doos

HD Hyundai XiteSolution has launched what it says are South Korea’s first electric forklifts with lifting capacities of 10 to 18 tons, targeting shipyards, ports and steel mills traditionally reliant on diesel equipment. The company said Monday it recently held a test-drive event at its Eumseong plant in North Chungcheong Province for the new models, which have entered mass production. The launch follows the introduction of four- to nine-ton electric forklifts last year, giving the company what

Hyundai Motor will invest $500 million in its Alabama plant to produce hybrid vehicles and extended-range electric powertrains, expanding US manufacturing as it seeks to reduce tariff exposure and meet growing demand. Hyundai Motor President and CEO Jose Munoz announced the investment at the Automotive News Congress in Detroit on Tuesday. The plant will begin producing the Tucson Hybrid, followed by an extended-range electric version of the Santa Fe. The investment will support the development a

LG Energy Solution said Thursday it had signed a memorandum of understanding to supply 46-series cylindrical battery cells to Indigo Technologies, a US commercial electric vehicle startup, from 2027 through 2030. The nickel-manganese-cobalt cells, which get their name from their 46-millimeter diameter, will power Indigo’s next-generation commercial EVs, including its Flow Ride and Flow Cargo models. The companies also plan to explore ways to extend driving range, shorten charging times and impro

S-Oil honored 19 Koreans who risked their safety to help others in danger, presenting plaques and a combined 140 million won ($103,000) in prize money at a ceremony on Thursday. The refiner held its 2026 Hero Citizen Award ceremony with the Korea National Council on Social Welfare at its headquarters in Mapo-gu, western Seoul. Among the recipients were Ko Gyung-sik and Jeong Taek-eun, who were injured during rescue efforts. Each received 15 million won. Ko suffered fractures while rescuing a wre

HD Hyundai Heavy Industries on Wednesday launched the 8,200-ton Daeho Kim Jong-seo, the third next-generation Aegis destroyer (KDX-III Batch-II) for the Republic of Korea Navy, at its Ulsan shipyard. Earlier in the day, the unveiling ceremony brought together approximately 350 government, military and company officials at HD Hyundai Heavy Industries’ Ulsan shipyard. Key figures included President Lee Jae Myung, first lady Kim Hea Kyung, Defense Minister Kang Shin-chul, Chief of Naval Operations

South Korea’s industrial leaders are pushing artificial intelligence beyond software and into factories, shipyards and space, seeking productivity gains and new capabilities in manufacturing and defense. Speaking at the Herald Business Forum at The Shilla Seoul on Tuesday, executives from Hyundai Motor Group, LG Electronics, Posco Holdings, Samsung SDI, HD Hyundai, LIG Nex1 and Korea Aerospace Industries outlined how AI is reshaping operations, products and investment priorities. The proposals h

South Korea’s efforts to develop hydrogen production and customers together offers a model for an industry struggling to get either side to commit first, according to Hydrogen Council CEO Ivana Jemelkova. But turning coordinated projects into a larger market will require governments to give investors greater certainty about future demand, she told The Korea Herald in a recent virtual interview. Producers are reluctant to build costly facilities without committed buyers, while potential customers