Company Performance Metrics
Peninsula Mines (ASX: PSM) has its finger on the pulse of several in-demand commodities, in a region of the world where demand for these commodities continues to reach new heights.
PSM’s zinc-silver and graphite projects in particular which are all located in South Korea, have come at a time the doyens of South Korean industry and manufacturing
have all amped up their requirement for raw materials to fuel their lithium-ion batteries.
The likes of LG, Samsung and Hyundai are all looking for local sources of material and PSM could be ion the gun to one day be a provider of choice as it ramps up operations in what has traditionally been an underexplored country.
Signs are already positive for PSM which has recently had key tenements granted, received “exceptional” soil and rock chip sampling results, and is now on track for a speedy drill targeting campaign at its zinc-silver project.