>Introduction >Shareholder Company >Introduction of SMSP
The largest nickel ore exporter in New Caledonia
SMSP was established with an aim to realize financial independence of indigenous people in northern states of New Caledonia in 1990. Originally, SMSP was a small mine company that supplied ore to SLN, a French ferronickel producer, before developing into the largest nickel ore exporter in New Caledonia through years of modernization of equipment and development of mine.
SMSP currently owns about 25% of nickel ore reserves in New Caledonia and secures higher quality nickel ore than mines in other areas. As SMSP jointly established SNNC with POSCO, it has emerged as one of the most representative companies in New Caledonia that is engaged in exporting and smelting nickel.
New Caledonia also known as French Paradise in the South Pacific has continuously existed for the past 220 million years. It is the world’s largest coral island boasting of beautiful natural environment, and 60% of the entire land is registered as UNESCO Natural Heritage.
Since it appeared as the background of a successful novel titled ‘The Island Closest to Paradise’ that was written by a Japanese female novelist 40 years ago, it has been cited as such a popular destination for honeymooners that as many as 30,000 Japanese honeymooners visit the island every year. Although it was an unknown island in Korea, it has gained popularity as it was introduced as a filming site of a popular TV drama, “Love a Man More than Flowers.’New Caledonia, a French overseas territory, is a beautiful tourism site frequented by many tourists and boasts of stability in terms of politics, society and culture. It is also one of the world’s largest nickel producers, and frequently spotted redcolored soil in the island originates from nickel. In addition to nickel, the island is rich in chrome, cobalt and iron.
L’ile la plus proche du paradis! The island closest to paradise!
Captain James Cook who came from Scotland discovered an island about 2,000 km away from Australia in1774 and named the island that looked similar to his hometown as New Caledonia (The name Caledonian originates from Roman Era in Scotland). New Caledonia consists of various islands such as Grande Terre, Ile Des Pins, Ouvea, Mare and Lifou, and the area of corral reef-surrounded New Caledonia is one third of Korea.