Korea Zinc will stop refining selenium as a byproduct of copper ore now that market levels have made it unprofitable, the company confirmed to Fastmarkets.
"We are stopping selenium production temporarily due to poor market conditions. We have been losing money for a while with this metal," Kris Hans, assistant sales manager at Korea Zinc, said.The South Korean company produces around 60 tonnes per year of selenium at its plant in Onsan, which accounts for a small portion of the total 2,800 tonnes of refinery production worldwide, according to the latest data from...