Information
2148-139 Jecheol-ro, Gwangyang-si, Jeollanam-do, South Korea
+82 61-797-9191
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Overview
- Summary
- SNNC is a joint venture between POSCO and SMSP of New Caledonia, serving as Korea's first specialized ferro-nickel manufacturing company. Its core business involves the production and sale of ferro-nickel and by-products, essential raw materials for stainless steel. The company is actively expanding its business into nickel matte production, an intermediate raw material for secondary battery cathode materials. SNNC has established the world's first vertically integrated model, encompassing nickel mining, smelting, and stainless steel manufacturing. The company is committed to realizing its vision of becoming a global leader in eco-friendly nickel production.SNNC is a joint venture between POSCO and SMSP of New Caledonia, serving as Korea's first specialized ferro-nickel manufacturing company. Its core business involves the production and sale of ferro-nickel and by-products, essential raw materials for stainless steel. The company is actively expanding its business into nickel matte production, an intermediate raw material for secondary battery cathode materials. SNNC has established the world's first vertically integrated model, encompassing nickel mining, smelting, and stainless steel manufacturing. The company is committed to realizing its vision of becoming a global leader in eco-friendly nickel production.
- Key Products/Technologies
- Ferronickel (20% Nickel, 80% Iron): A ferroalloy product primarily used as a key raw material for stainless steel. Production utilizes a dry manufacturing method, a pyrometallurgical process developed by France's SLN company approximately 120 years ago. The process involves raw material handling, drying, pre-reduction, smelting-reduction (electric furnace process), refining, and casting to produce the final product. The company possesses an annual production capacity of 50,000 tons of nickel metal contained in ferronickel.Ferronickel (20% Nickel, 80% Iron): A ferroalloy product primarily used as a key raw material for stainless steel. Production utilizes a dry manufacturing method, a pyrometallurgical process developed by France's SLN company approximately 120 years ago. The process involves raw material handling, drying, pre-reduction, smelting-reduction (electric furnace process), refining, and casting to produce the final product. The company possesses an annual production capacity of 50,000 tons of nickel metal contained in ferronickel.
- By-products: Various by-products generated during the ferronickel production process. These products contribute to enhancing resource efficiency and diversifying the company's revenue structure.By-products: Various by-products generated during the ferronickel production process. These products contribute to enhancing resource efficiency and diversifying the company's revenue structure.
- Nickel Matte: A high-purity nickel product serving as an intermediate raw material for secondary battery cathode materials. It is produced through a de-ironing process that sulfurizes ferronickel and then removes iron. This development enables the domestic production of high-purity nickel raw materials using proprietary resources, addressing the increasing demand for battery-grade nickel. The company has established and is commissioning a high-purity nickel matte production plant with an annual capacity of 20,000 tons.Nickel Matte: A high-purity nickel product serving as an intermediate raw material for secondary battery cathode materials. It is produced through a de-ironing process that sulfurizes ferronickel and then removes iron. This development enables the domestic production of high-purity nickel raw materials using proprietary resources, addressing the increasing demand for battery-grade nickel. The company has established and is commissioning a high-purity nickel matte production plant with an annual capacity of 20,000 tons.
- Dry Manufacturing Method and ESF Electric Furnace Technology: Utilizes a dry manufacturing process where ore is melted and reduced in an electric furnace to produce ferronickel. The company operates two ESF electric furnaces, boasting the world's best single-unit capacity in its production facilities. It possesses unique operational know-how and equipment management technology for these ESF electric furnaces.Dry Manufacturing Method and ESF Electric Furnace Technology: Utilizes a dry manufacturing process where ore is melted and reduced in an electric furnace to produce ferronickel. The company operates two ESF electric furnaces, boasting the world's best single-unit capacity in its production facilities. It possesses unique operational know-how and equipment management technology for these ESF electric furnaces.
- Smart Factory and Digital Technologies: Implementation of a smart factory through process innovation based on MES and ERP infrastructure. Ensures data integrity from on-site measurements and incorporates big data analytics and machine learning technologies. These digital technologies contribute to carbon reduction, quality improvement, and enhanced productivity.Smart Factory and Digital Technologies: Implementation of a smart factory through process innovation based on MES and ERP infrastructure. Ensures data integrity from on-site measurements and incorporates big data analytics and machine learning technologies. These digital technologies contribute to carbon reduction, quality improvement, and enhanced productivity.
- Core Advantages
- Establishment of the World's First Vertical Integration Model: A unique vertical integration model spanning from nickel mines in New Caledonia (NMC) to nickel smelting (SNNC) and stainless steel manufacturing (POSCO). This ensures a stable supply chain from raw material sourcing to final product delivery.Establishment of the World's First Vertical Integration Model: A unique vertical integration model spanning from nickel mines in New Caledonia (NMC) to nickel smelting (SNNC) and stainless steel manufacturing (POSCO). This ensures a stable supply chain from raw material sourcing to final product delivery.
- Sole Domestic Ferronickel Manufacturer: The only company in Korea specializing in ferronickel production, holding a leading position in the domestic market. Plays a crucial role in enhancing nickel self-sufficiency for the domestic stainless steel and electric vehicle industries.Sole Domestic Ferronickel Manufacturer: The only company in Korea specializing in ferronickel production, holding a leading position in the domestic market. Plays a crucial role in enhancing nickel self-sufficiency for the domestic stainless steel and electric vehicle industries.
- Top-tier Production Facilities and Technology: Operates two ESF electric furnaces, recognized for the world's best single-unit capacity. Possesses unique expertise in ESF electric furnace equipment management and operational technology, unparalleled within the POSCO Group.Top-tier Production Facilities and Technology: Operates two ESF electric furnaces, recognized for the world's best single-unit capacity. Possesses unique expertise in ESF electric furnace equipment management and operational technology, unparalleled within the POSCO Group.
- Expansion into Secondary Battery Material Business: Diversification of business into high-purity nickel matte production beyond ferronickel. This establishes a new growth engine and plays a pivotal role in the POSCO Group's secondary battery value chain.Expansion into Secondary Battery Material Business: Diversification of business into high-purity nickel matte production beyond ferronickel. This establishes a new growth engine and plays a pivotal role in the POSCO Group's secondary battery value chain.
- Strong Shareholder Base and Stable Raw Material Supply: A joint venture between POSCO Holdings (49%) and SMSP (51%) of New Caledonia. Ensures a stable supply of nickel ore from NMC, a sister company of SMSP.Strong Shareholder Base and Stable Raw Material Supply: A joint venture between POSCO Holdings (49%) and SMSP (51%) of New Caledonia. Ensures a stable supply of nickel ore from NMC, a sister company of SMSP.
- Continuous Technology Development and Cost Reduction Efforts: Relentless pursuit of technological advancements to achieve the 'Global No.1 in ferronickel production technology' vision. Focuses on establishing operational technologies, optimizing facility management, and reducing energy and logistics costs to improve profitability.Continuous Technology Development and Cost Reduction Efforts: Relentless pursuit of technological advancements to achieve the 'Global No.1 in ferronickel production technology' vision. Focuses on establishing operational technologies, optimizing facility management, and reducing energy and logistics costs to improve profitability.
- Target Industrie
- Steel Industry: Supplies ferronickel, a critical raw material for stainless steel production. Provides essential nickel raw materials for POSCO's stainless steel manufacturing.Steel Industry: Supplies ferronickel, a critical raw material for stainless steel production. Provides essential nickel raw materials for POSCO's stainless steel manufacturing.
- Secondary Battery Industry: Supplies raw materials for secondary battery cathode materials through high-purity nickel matte production. Contributes key materials to the growing electric vehicle battery market.Secondary Battery Industry: Supplies raw materials for secondary battery cathode materials through high-purity nickel matte production. Contributes key materials to the growing electric vehicle battery market.
- Major Markets
- Certifications/Patents
- Quality Management System: Pursues global leadership in ferronickel production technology through the establishment and implementation of an optimal quality management system. Continuously strives for operational quality improvement and customer value creation through ongoing enhancements.Quality Management System: Pursues global leadership in ferronickel production technology through the establishment and implementation of an optimal quality management system. Continuously strives for operational quality improvement and customer value creation through ongoing enhancements.
- Technology Development Awards: Received an 'IP PJT Excellence Award' at the 2016 'IP Festival' for its 'Nickel Ore Adhesion Reduction Technology Development'. This achievement was recognized for significantly increasing the handling capacity and reducing costs at the dedicated nickel pier.Technology Development Awards: Received an 'IP PJT Excellence Award' at the 2016 'IP Festival' for its 'Nickel Ore Adhesion Reduction Technology Development'. This achievement was recognized for significantly increasing the handling capacity and reducing costs at the dedicated nickel pier.
- Executive Awards: CEO Lee Sang-hong received the Prime Minister's Commendation at the '2009 Foreign Company Day' event. This award acknowledged his contributions to attracting foreign investment and the successful construction and stable operation of the ferronickel plant.Executive Awards: CEO Lee Sang-hong received the Prime Minister's Commendation at the '2009 Foreign Company Day' event. This award acknowledged his contributions to attracting foreign investment and the successful construction and stable operation of the ferronickel plant.
- Specialized Equipment Operating Know-how: Possesses unique operational know-how for its two world-class ESF electric furnaces. This expertise holds significant value, particularly in its potential connection with the ESF electric furnace technology to be used in POSCO's HyREX (hydrogen reduction steelmaking) project.Specialized Equipment Operating Know-how: Possesses unique operational know-how for its two world-class ESF electric furnaces. This expertise holds significant value, particularly in its potential connection with the ESF electric furnace technology to be used in POSCO's HyREX (hydrogen reduction steelmaking) project.
Introduction
Location
2148-139 Jecheol-ro, Gwangyang-si, Jeollanam-do, South Korea
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