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South Korea s oceans minister vows to stabilize local seaweed supply as gimbap prices soar

The government will increase its expenditure to secure the domestic seaweed supply, as the recent seaweed shortage — resulting from a rise in exports of the product — has prompted hikes in gimbap (a Korean snack food) and seasoned seaweed prices, the Ministry of Oceans and Fisheries said Thursday.

POSCO Future M 2023 net profit down 96 4% to $3 3 mil

POSCO Future M on Tuesday reported its 2023 net income of 4.4 billion won ($3.3 million), down 96.4 percent from a year earlier.

Ensuring stable supply of battery materials

Korea vows to foster nuclear energy to achieve net zero

Korea on Saturday vowed to share its nuclear power technologies with the world to reach global carbon neutrality at an event in Dubai, under which 22 countries agreed to jointly spur the use of nuclear energy, according to the Ministry of Trade, Industry and Energy, Sunday.

Korea to deploy nuclear sales attaches to embassies

The government will require commercial attaches to attend a workshop to deepen their understanding of nuclear energy, related global trade conditions and overseas case studies of large, government-backed nuclear reactor construction deals won by Korean firms, the trade ministry said Monday.

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