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Eximbank, officials from 11 embassies strategize on critical mineral supply chains

Published: 28 Apr. 2026, 18:07 Updated: 28 Apr. 2026, 18:17

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Attendees pose for a group photo at the Critical Minerals Roundtable held at the Export-Import Bank of Korea's headquarters in Yeouido, Yeongdeungpo District, western Seoul, on April 27. [THE EXPORT-IMPORT BANK OF KOREA]

Officials from 11 embassies to Korea gathered at the Export-Import Bank of Korea (Eximbank) on Monday for the Critical Minerals Roundtable to strategize on ways to secure the supply chains of critical minerals amid the ongoing crisis in the Middle East.

Eximbank introduced its financial support systems, such as relief funds, to stabilize the supply chain. The bank also introduced a government fund under its control that is focused on aiding the economic development of developing nations.

Critical minerals, such as copper, lithium and nickel, are crucial raw materials for the technology industry, including semiconductor and secondary battery production.

The bank and embassy officials reviewed the current climate of the critical minerals industry and held in-depth discussions on ways for the countries to cooperate on stabilizing supply chains by utilizing the bank's financial resources.

Officials from embassies such as Australia, the United States, and Japan attended the event held at the bank's headquarters in Yeouido, Yeongdeungpo District, western Seoul.

“Critical minerals are more than just raw materials; they are the make-or-break of a nation’s survival in an era where resource security signals the competitiveness of a nation,” said Hwang Ki-yeon, the president and board chair of Eximbank. “We hope this event solidifies our companionship with our strategic partners to bring about a more secure global supply chain.”

BY LEE JI-WON [[email protected]]