Southern Gold boasts an impressive exploration portfolio in the highly prospective country of South Korea focussed on rare earth elements, lithium, gold, silver and copper.
The country is host to numerous historical mines yet remains massively under-explored by modern-day methods because of hyper-industrialisation of the economy over the past 50 years. This lack of exploration, combined with highly prospective geology, is a major opportunity for our company.
South Korea is a global powerhouse in the EV Li battery market and a world leader in the development of new high-tech energy technologies. We see our critical minerals exploration portfolio playing a key role in South Korea’s clean energy future.
In June this year Southern Gold successfully acquired IonDrive Technologies (IDT). IDT aims to provide high-performing replacements for, and improvements to, the Li-ion batteries of today. IDT is developing and producing industry scaled solutions that meet the energy storage needs we expect to see in the future. With better batteries, more efficient components, and smarter recycling techniques, IDT is bringing theoretical research from the lab into scaleable solutions to meet the needs of tomorrow.