No Data Yet
U.S. strategic industrial policy is creating divergent outcomes, with the government backing a $7.4 billion Korea Zinc smelter to secure critical minerals while iRobot, the maker of Roomba, files for bankruptcy, citing pressure from U.S. tariffs and intense foreign competition.
Korea Zinc, with financial backing from JPMorgan and the U.S. government, is launching a $7.4 billion project to build an integrated minerals smelter in Tennessee. This strategic move aims to bolster the U.S. domestic supply chain for critical minerals and reduce dependence on China.