South Korea plans to support the critical minerals recycling industry to lower supply chain risks amid global trade uncertainties, Yonhap News reported Friday, citing acting president Choi Sang-mok.

The government will explore measures to establish an industrial cluster and ecosystem for recycling firms, the report said.

This follows a $37.5 billion investment plan announced in December 2024 to cut reliance on key mineral imports, targeting a reduction to 50% from 70% by 2030, the report said.

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