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Financed by JPMorgan, Jointly Owned by US DoD Under the plan, the U.S. Department of Defense will hold a 40% stake in the JPM Financed smelter joint-venture. GFN – WASHINGTON: Korea Zinc plans a $7.4 billion investment to construct a large-scale non-ferrous metals smelter in Clarksville, Tennessee, a project U.S. officials say will materially expand domestic critical minerals processing capacity and strengthen supply chain security.1 The project, known as the “U.S. Smelter,” is expected to require approximately $6.6 billion in capital expenditures, with total investment reaching $7.4 billion including financing costs. It is being developed in coordination with the U.S....

Because of heightened EPA regulations, Doe Run Company's Herculaneum lead smelter in Herculaneum, Missouri—the last U.S. smelter of its kind—is closing its doors on December 31, 2013. Once this happens, the lead for traditional ammunition will have to be imported, thus driving up the price for bullets, shotgun shells, etc. The Herculaneum smelter has been operating in the same location since 1892. And according to the NRA's Institute for Legislative Action (NRA-ILA), "it is the only smelter in the United States which can produce lead bullion from raw lead ore," so once it closes, the only lead smelters left in...

According to the NRA-ILA, the last primary lead smelter in the United States will close down its operation in December. This means the US will lose its capability to produce lead ammo completely within its borders from the process of mining to production of commercial cartridges. Here is the press release from the NRA-ILA.

In December, the final primary lead smelter in the United States will close. The lead smelter, located in Herculaneum, Missouri, and owned and operated by the Doe Run Company, has existed in the same location since 1892. The Herculaneum smelter is currently the only smelter in the United States which can produce lead bullion from raw lead ore that is mined nearby in Missouri's extensive lead deposits, giving the smelter its "primary" designation. The lead bullion produced in Herculaneum is then sold to lead product producers, including ammunition manufactures for use in conventional ammunition components such as projectiles, projectile cores,...