1 of 2 | A smelter of Korea Zinc in Ulsan. The company has increased the annual production capacity of semiconductor-grade sulfuric acid by more than 14%. Photo by Korea Zinc
SEOUL, Sept. 2 (UPI) — Korea Zinc said Wednesday that its production capacity for semiconductor-grade sulfuric acid has increased by more than 14% as the country’s two leading chipmakers boost production to meet rising demand.
The world’s largest non-ferrous metals manufacturer noted that it recently built two additional production lines for ultra-high-purity sulfuric acid at its Onsan Smelter in Ulsan, roughly 190 miles southeast of Seoul.
With the two new lines now in full-scale operation, Korea Zinc’s annual production capacity has risen from 280,000 tons to 320,000 tons.
Eventually, Korea Zinc aims to raise its domestic production capacity to 500,000 tons a year. It is also considering installing semiconductor-grade sulfuric acid lines at its planned integrated smelter in the United States.
In cooperation with the U.S. government, Korea Zinc is set to construct the smelter for strategic materials on a 160-acre site in Clarksville, Tenn. Under the $7.4 billion Project Crucible, the facility is expected to start production in 2029.
Korea Zinc said that it supplies more than 60% of South Korea’s demand for semiconductor-grade sulfuric acid. The Asian nation is home to the world’s two largest memory chipmakers, Samsung Electronics and SK hynix.
The corporation said that its product has a purity of more than 99.9999 percent, known as “six nines,” or 6N, purity.
“Through this capacity expansion, we will respond in a timely manner to the operation and ramp-up of key domestic clients’ new manufacturing facilities,” Korea Zinc said in a statement.
“Moving forward, we will phase in additional domestic production capacity in alignment with our clients’ demand and investment timelines. At the same time, we plan to establish a supply base in global markets, including the United States,” it added.
The share price of Korea Zinc fell 3.92% on the Seoul bourse on Wednesday, while the benchmark KOSPI declined 3.99%.
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The U.S. military is planning to revamp Moron Air Base in Spain, including creating new parking spaces for as many as nine additional B-52 Stratofortress strategic bombers. This effort comes even after Spain denied permission to use the base, and its naval station in the country, for direct strike operations on Iran during Operation Epic Fury. Long-range strikes by bombers flying from Europe played a major role in that operation. It also comes as the Pentagon is reviewing its posture in Europe, which could include major basing changes that fit the Trump administration’s vision for NATO and who it prefers to work with the closest, as well as tactical and strategic concerns.
The makeover is part of a nearly half-billion dollar construction program for U.S. facilities primarily in the Rota, Spain, area, which provide a great deal of support for American forces in Europe, Africa and the Middle East. It was announced on Thursday in a pre-solicitation notice posted on the government’s contracting portal that a contract is expected to be awarded next month.
Moron, located in southern Spain, is a Spanish Air Force Base, used by the U.S. Air Force to provide expeditionary combat support and the bed-down of transient aircraft. It also plays a major role in the “staging of aircraft and personnel in support of U.S. and NATO plans, exercises and contingency operations; and to provide Base Operating Support to tenant units,” according to the Air Force Fiscal Year 2027 Military Construction plan.
A U.S. Air Force B-52 Stratofortress assigned to the 5th Bomb Wing deploys a drag chute to slow down after landing at Morón Air Base, Spain, during a Bomber Task Force Europe deployment, May 20, 2025. (U.S. Air Force photo by Cristina Oliveira) Cristina Oliveira
The first order of business is “a Combat Aircraft Parking Apron in Moron, Spain,” the recent pre-solicitation notice states. The plan calls for the “expansion of the Aircraft Parking Apron to provide nine (9) new aircraft parking spots in an unloaded condition, or three (3) new B-52 aircraft parking spots in a live ordnance [sic] loaded condition.”
The issue of being able to store live ordnance is critical, since extra space is needed for safety purposes in case of an unintended explosion.
“The current apron is not capable of supporting any loaded strategic bombers due to limiting factors associated with unrelated facilities violating inhabited building safety arcs,” the Air Force budget document explains.
U.S. Air Force 23rd Expeditionary Bomb Squadron aircrew prepare a B-52 Stratofortress aircraft for flight during a Bomber Task Force mission at Moron Air Base, Spain, May 27, 2025. (U.S. Air Force photo by Staff Sgt. Bryan Guthrie) Staff Sgt. Bryan Guthrie
Beyond the new parking spaces, the planned expansion at Moron also calls for 10 new fuel pits and associated piping, the relocation of aCivil Engineer Storage Complex – including a new covered storage building and an open storage yard – and the extension of apron shoulders and access roads, among other items.
The Air Force sees these improvements as an imperative.
“This project is required to enhance readiness capabilities at Moron Air Base, Spain,” the Air Force Fiscal Year 2027 military construction budget documents note. “A key enabler for training and combat operations is substantial infrastructure, promoting a quick response and positioning of forces within prescribed response times. The expanded Strategic Bomber Aircraft parking apron will increase Moron Air Base’s ability to meet future mission requirements.”
If these improvements are not made, “[a]dequate airfield infrastructure will not be available to the DoW [Department of War] or its allied partners, and personnel, aircraft, and resources will lack key facilities and infrastructure to support expanded airfield operations for training and contingency environments,” the budget document warns. “This limitation will impede sortie generation and flying schedules, directly limiting airfield presence and impairing airfield capability and readiness. Therefore, responsiveness for bilateral and multilateral exercises and training missions would be compromised, directly limiting theater presence and impairing mission capability, readiness, and contingency support.”
The project has a price tag of between $25,000,000 and $100,000,000 and is “expected to be completed 1,038 calendar days after notice to proceed,” according to the pre-solicitation notice.
Moron Air Base, Spain. (Google Earth)
In addition, the Multiple Award Construction Contract (MACC) calls for new construction, renovations, alterations, demolition, repair work, and any necessary design to a wide range of U.S. assets in the region. This includes “airfield, industrial, infrastructure, administrative, training, retail, food service, munition storage, community support facilities and both vertical and horizontal construction in the Rota, Spain region or other areas managed by NAVFAC EURAFCENT, [Naval Facilities Engineering Systems Command/Navy Region Europe, Africa, Central],” the pre-solicitation notice explains. “This tool may also be used throughout the NAVFAC area of responsibility (AOR), worldwide.”
However, as the Air Force budget documents stress, the Moron project is a priority.
The installation has long played an important role for American airpower. It has served as a host for B-1B Lancer and B-52 Bomber Task Force missions and as a way station for a wide array of other aircraft from fighters to aerial refueling tankers.
A B-1B Lancer assigned to the 9th Expeditionary Bomb Squadron from Dyess Air Force Base, Texas, departs Morón Air Base, Spain, in support of Bomber Task Force Europe, April 12, 2024. (U.S. Air Force photo by Airman 1st Class Emma Anderson)
“Morón Air Base is a vital link in any operation moving east from the United States due to its strategic location close to the Mediterranean and the Middle East, its massive flight line, long runway, aircraft refueling systems and excellent weather,” according to the 496th Air Base Squadron, the facility’s host unit.
In March, Spanish Prime Minister Pedro Sánchez, one of Europe’s most vocal critics of Epic Fury, refused to allow the U.S. to use its bases in his country for direct attacks on Iran. In addition, Sánchez denied permission for the U.S. to use Spanish airspace for Epic Fury, creating a logistics headache for American aircraft movements to the Middle East.
U.S. Air Force Staff Sgt. Arturo Herrera, 496th Air Base Squadron Operational Support Team tower watch supervisor, observes two B-1B Lancers taxiing at Morón Air Base, Spain, April 17, 2024. (U.S. Air Force photo by Airman 1st Class Eve Daugherty) 2nd Lt. Eve Daugherty
Sanchez’s decision affected Naval Station Rota, another major U.S. installation in that country. Rota supports the movement of personnel, equipment, fuel, and supplies through its three operational piers. It also has a 670-acre airfield capable of supporting U.S. Navy and Air Force aviation operations, and some of the largest weapons and fuel storage facilities in Europe.
Rota is also the home of Destroyer Squadron 60 (DESRON 60), one of three U.S. Navy destroyer squadrons permanently based outside the continental United States and the only one of these to call Europe home.
The Arleigh Burke class guided-missile destroyers USS Porter (DDG 78), front, USS Donald Cook (DDG 75), USS Carney (DDG 64) and USS Ross (DDG 71), moored at Naval Station Rota, Spain. (Specialist 3rd Class Robert S. Price/Released)
Sanchez’s moves set off U.S. President Donald Trump, who was already angered by Spain’s refusal to raise defense spending to 5% of GDP, previously agreed to at last year’s NATO summit. In March, the American leader called Spain “a terrible partner” and threatened to cut off trade.
The situation reached a critical juncture at the NATO Summit in Turkey in July, with Trump again threatening Madrid.
“We don’t want to do any trade business with Spain anymore… I’d like you to cut it off,” Trump fumed in Ankara to Treasury Secretary Scott Bessent during a press conference with NATO Secretary General Mark Rutte. “Spain is a terrible partner in NATO. They don’t participate; they don’t pay. I don’t want anything to do with Spain. Cut off all trade with Spain, please, including visits. Watch them, watch them come running back; oh, they’ll come running back.”
However, the rift eased after Sánchez agreed to bump up his country’s defense budget, Trump claimed.
On his way back to the United States after the summit, he told reporters aboard Air Force One: “I did have issues, and I still do. But Spain, they came back all the way today. Spain was very generous today.”
Asked what Spain had done, he said: “They honored a request for lots of payments, and if they didn’t, we wouldn’t have even talked to them.”
The two leaders displayed new-found cordiality for the cameras while sharing a box at the World Cup Final between Spain and Argentina at MetLife Stadium in New Jersey.
President of the United States Donald J. Trump greets Spanish Prime Minister Pedro Sánchez during the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19, 2026, in East Rutherford, New Jersey. (Photo by Europa Press Sports/Europa Press via Getty Images) Europa Press Sports
Though the Moron construction planning predated any of the political drama, as we noted earlier, the Pentagon is reviewing how many troops it will maintain in Europe and where it will base them. Undersecretary of War Elbridge Colby made a rare visit to NATO headquarters on Thursday to meet with officials to discuss the way forward. There, he pointed out that the Pentagon’s review is “designed to ensure that NATO is moving fast and irreversibly toward Europe leading, stepping up to take primary responsibility for the defense of Europe, stepping up to ensure our forces are postured for America’s global needs, and making sure that our access, basing, and overflight are clearly delineated and assured.”
Despite the geopolitical tiffs between the two nations, the investment in Moron and the larger construction package for Spain is a clear signal of how much the military and Congress value having access to bases in that country.
Earnings Call Insights: QumulusAI, Inc. (QMLS) Q2 2026
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It is the only Spanish airport on the official new list – issues could regularly last for two hours or more
Robert Rowlands Deputy editor, money and lifestyle, content hub and Maria Ortega
15:58, 14 Aug 2026
Palma de Mallorca Airport in 2025(Image: jaanalisette via Getty Images)
Brits jetting off to a Spanish holiday hotspot in August should pay attention to a new official airport update. Spanish media reports say that Palma Airport will be operating beyond its capacity for 18 days throughout August, according to an official analysis – for more than two hours on 10 occasions.
It has been reported that the airport in Mallorca is the only Spanish airport featured on a list of airports where Eurocontrol – the central organisation for coordination and planning of air traffic control for all of Europe – has identified mismatches between predicted demand and available capacity during August and September.
The list also features several Greek airports – Athens, Corfu, Heraklion, Kos, and Chania – alongside Istanbul’s Sabiha Gökçen and London’s Gatwick. As a result, Palma Airport faces an extremely busy August, Spanish media reports claim. According to Eurocontrol forecasts, it will surpass its operational capacity on 18 days, more than half the month.
On 10 of those occasions, the excess demand will stretch beyond two consecutive hours, while on the remaining eight, it will be concentrated within two-hour windows, Eurocontrol says. The capacity for Palma is set to stand at roughly 74 movements per hour, comprising approximately 33 arrivals and 40 departures, the agency says. During particular time slots, the anticipated flight demand will outstrip the number of operations the system can accommodate, says Eurocontrol.
Eurocontrol says the forecasts do not mean airports will be overwhelmed. Yet they say their analysis aims to identify periods when high concentration of flights may require measures to regulate traffic flow.
El Diario reports that the European agency projects that demand will also surpass the airport’s capacity at least eight times between September 1 and 27, with three instances stretching beyond two consecutive hours and five lasting two hours. Yet airport operator Aena has told media in the country that under no circumstances has Palma Airport been operated “beyond its declared capacity”. They say that if demand ever exceeds the established airspace capacity due to an unforeseen event, such as storms or regulatory measures, not all operations are permitted to take place simultaneously.
In such cases, they say air traffic control regulates the flow of flights through various traffic management and sequencing measures. Sources at the airport have also told Spanish media that a major overhaul there has resulted in a larger security checkpoint featuring hand luggage screening machines that do away with the need to remove liquids and electronic devices, as well as “more efficient routes throughout all areas, including the one dedicated to inter-island passengers”.
Eurocontrol said in its assessment of Europe-wide air traffic: “July 2026 set new records for air traffic. The EUROCONTROL area recorded its highest ever monthly traffic, with over 1.13 million flights and a peak of 37,659 flights on Friday 24 July. Worldwide, commercial aviation also reached an all-time high of 153,359 flights on 23 July.
“On average, capacity among the busiest 10 carriers remained stable compared to the previous week.” The update comes as tourists heading to Spain and other EU nations face the prospect of lengthy queues this summer at airports. The EU rolled out its Entry/Exit System (EES) in April, which requires passengers from the UK and other non-EU countries to register their fingerprints, photograph and personal details upon their first arrival. This has resulted in lengthy hold-ups for countless passengers.
EES delays lead to big increase in waiting times at EU airports
The Financial Times reported this month that peak waiting times at two major European airports – Munich and Frankfurt – have doubled this summer compared with the same period last year, following the EU’s chaotic rollout of its new electronic border system. Mallorca is amongst the many airports where significant delays have been reported on multiple occasions throughout the year..
Ryanair chief executive Michael O’Leary said the system should be moved online. “Only the Europeans would invent s*** like this,” he told investors last month, adding that the airline had witnessed substantial queues at around 15 airports.
The scorching temperatures are also heaping further pressure on the airport, according to the Majorca Daily Bulletin. The publication reported that Palma Airport workers are once again demanding the immediate reopening of the airport canteen.
Staff say the facility is essential as somewhere they can eat and take refuge from the sweltering summer heat. The Balearic Government has urged airport operator Aena to reopen the venue as swiftly as possible.
Reports suggest that officials believe Aena is currently working to adapt the premises with the aim of getting the canteen back up and running in the near future.