【Flash | Court Ruling Eases Shutdown Risk at Young Poong’s Indium-Bearing Seokpo Smelter】

Published: Oct 13, 2026 18:51 (GMT+8)
Young Poong Corporation disclosed on October 2 that a court of first instance had cancelled the 10-day suspension order for Seokpo Smelter, which is currently operating normally. Sales attributable to the affected operation totalled approximately KRW 1.0096 trillion in 2024, representing 36.22% of consolidated revenue. Young Poong’s official history shows that the smelter completed an indium plant in April 2012. SMM views the ruling as easing near-term disruption risk to zinc smelting and by-product indium extraction, although any appeal and the indium plant’s actual operating rate and output require further monitoring.

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Young Poong Corporation disclosed on October 2 that a court of first i - Shanghai Metals Market (SMM)