SHAREATE Korea Co., Ltd. is the Korean subsidiary of SHAREATE Corporation, established in Gyeonggi Province in 2022, specializing in cemented carbide products and technical services. It supplies various cemented carbide products, including cutting tool materials, mining and construction tool materials, molds and precision parts, and inserts, to local customers in Korea. The company operates logistics warehouses in both northern and southern Korea, focusing on providing efficient and prompt customer service. It contributes to strengthening competitiveness in the Korean market based on its parent company's global technology and production capabilities.SHAREATEKoreaCo.,Ltd.istheKoreansubsidiaryofSHAREATECorporation,establishedinGyeonggiProvincein2022,specializingincementedcarbideproductsandtechnicalservices.Itsuppliesvariouscementedcarbideproducts,includingcuttingtoolmaterials,miningandconstructiontoolmaterials,moldsandprecisionparts,andinserts,tolocalcustomersinKorea.ThecompanyoperateslogisticswarehousesinbothnorthernandsouthernKorea,focusingonprovidingefficientandpromptcustomerservice.ItcontributestostrengtheningcompetitivenessintheKoreanmarketbasedonitsparentcompany'sglobaltechnologyandproductioncapabilities.
Key Products/TechnologiesKeyProducts/Technologies
Cutting Tool Materials: Provision of high-quality materials essential for manufacturing milling cutters, drills, and other cutting tools.CuttingToolMaterials:Provisionofhigh-qualitymaterialsessentialformanufacturingmillingcutters,drills,andothercuttingtools.
Mining & Construction Tool Materials: Supply of a wide range of tool materials for mining and construction sites, including rotary/impact/cutting/milling button bits, composite substrates, and shield machine cutters.Mining&ConstructionToolMaterials:Supplyofawiderangeoftoolmaterialsforminingandconstructionsites,includingrotary/impact/cutting/millingbuttonbits,compositesubstrates,andshieldmachinecutters.
Molds & Precision Parts: Specialization in materials for precision molds and parts manufacturing, such as stamping dies, powder metallurgy molds, cold heading dies, EV battery case drawing dies, and hob cutters.Molds&PrecisionParts:Specializationinmaterialsforprecisionmoldsandpartsmanufacturing,suchasstampingdies,powdermetallurgymolds,coldheadingdies,EVbatterycasedrawingdies,andhobcutters.
Inserts: A product line of cemented carbide inserts, including turning, milling, drilling, grooving, and threading series.Inserts:Aproductlineofcementedcarbideinserts,includingturning,milling,drilling,grooving,andthreadingseries.
Cemented Carbide Technology: Parent company SHAREATE operates an independent R&D center dedicated to tungsten carbide development, possessing advanced technological capabilities such as ultra-fine cemented carbide rod product development.CementedCarbideTechnology:ParentcompanySHAREATEoperatesanindependentR&Dcenterdedicatedtotungstencarbidedevelopment,possessingadvancedtechnologicalcapabilitiessuchasultra-finecementedcarbiderodproductdevelopment.
Rock Drilling Tool Technology: Recognized expertise in rock drilling tool engineering and research and development.RockDrillingToolTechnology:Recognizedexpertiseinrockdrillingtoolengineeringandresearchanddevelopment.
Vertically Integrated Production System: Establishment of a core technology system vertically integrated from cemented carbide production to rock drilling tool manufacturing and comprehensive mining consumables services.VerticallyIntegratedProductionSystem:Establishmentofacoretechnologysystemverticallyintegratedfromcementedcarbideproductiontorockdrillingtoolmanufacturingandcomprehensiveminingconsumablesservices.
Core AdvantagesCoreAdvantages
Leveraging Parent Company's Global Technology and Production Network: As a subsidiary of SHAREATE Tools Ltd., it benefits from over 40 years of expertise and advanced technology and production capabilities from multiple R&D and production bases in Suzhou, Wuhan, etc.LeveragingParentCompany'sGlobalTechnologyandProductionNetwork:AsasubsidiaryofSHAREATEToolsLtd.,itbenefitsfromover40yearsofexpertiseandadvancedtechnologyandproductioncapabilitiesfrommultipleR&DandproductionbasesinSuzhou,Wuhan,etc.
Customized Service and Logistics System for the Korean Market: Establishment of logistics warehouses in northern and southern Korea to respond promptly and efficiently to domestic customer orders.CustomizedServiceandLogisticsSystemfortheKoreanMarket:EstablishmentoflogisticswarehousesinnorthernandsouthernKoreatorespondpromptlyandefficientlytodomesticcustomerorders.
Extensive Product Portfolio: Offering a diverse range of cemented carbide products applicable to various industrial sectors, including cutting tools, mining and construction tools, molds and precision parts, and inserts.ExtensiveProductPortfolio:Offeringadiverserangeofcementedcarbideproductsapplicabletovariousindustrialsectors,includingcuttingtools,miningandconstructiontools,moldsandprecisionparts,andinserts.
Strong R&D and Intellectual Property Rights: The parent company holds over 478 valid patents (including 72 invention patents) and operates an independent R&D center, ensuring continuous technological innovation and competitive advantage.StrongR&DandIntellectualPropertyRights:Theparentcompanyholdsover478validpatents(including72inventionpatents)andoperatesanindependentR&Dcenter,ensuringcontinuoustechnologicalinnovationandcompetitiveadvantage.
Global Market Leadership and Key Client Network: Direct supply to global iron ore giants such as BHP, Rio Tinto, and FMG, and entry into the supply chains of major mining companies like Vale and CODELCO, demonstrating market dominance.GlobalMarketLeadershipandKeyClientNetwork:DirectsupplytoglobalironoregiantssuchasBHP,RioTinto,andFMG,andentryintothesupplychainsofmajorminingcompanieslikeValeandCODELCO,demonstratingmarketdominance.
Quality Control and Certifications: API Q1 Specification and ISO 9001 Quality Standards certifications, proving product reliability and excellence.QualityControlandCertifications:APIQ1SpecificationandISO9001QualityStandardscertifications,provingproductreliabilityandexcellence.
Target IndustrieTargetIndustrie
Mining Industry: Supply of rock drilling tools such as rotary/impact/cutting/milling button bits, DTH hammers and bits, and cemented carbide materials.MiningIndustry:Supplyofrockdrillingtoolssuchasrotary/impact/cutting/millingbuttonbits,DTHhammersandbits,andcementedcarbidematerials.
Construction and Infrastructure Industry: Application of shield machine cutters, construction tool materials, and cemented carbide products for infrastructure construction.ConstructionandInfrastructureIndustry:Applicationofshieldmachinecutters,constructiontoolmaterials,andcementedcarbideproductsforinfrastructureconstruction.
Automotive Industry: Utilization in automotive manufacturing processes, including precision mold and part materials, especially EV battery case drawing dies.AutomotiveIndustry:Utilizationinautomotivemanufacturingprocesses,includingprecisionmoldandpartmaterials,especiallyEVbatterycasedrawingdies.
Oil and Gas Industry: Application in oil drilling, including rotary bits, DTH hammers and bits, and cemented carbide materials.OilandGasIndustry:Applicationinoildrilling,includingrotarybits,DTHhammersandbits,andcementedcarbidematerials.
Machinery and Electronics Industry: Supply of cemented carbide materials required for manufacturing cutting tools such as milling cutters, drills, inserts, and precision parts.MachineryandElectronicsIndustry:Supplyofcementedcarbidematerialsrequiredformanufacturingcuttingtoolssuchasmillingcutters,drills,inserts,andprecisionparts.
Mold and Die Industry: Provision of specialized materials for various mold and die manufacturing fields, including stamping dies, powder metallurgy dies, cold heading dies, and hob cutters.MoldandDieIndustry:Provisionofspecializedmaterialsforvariousmoldanddiemanufacturingfields,includingstampingdies,powdermetallurgydies,coldheadingdies,andhobcutters.
New Energy Industry: Contribution to the manufacturing of precision parts in the new energy sector, such as EV battery case drawing dies.NewEnergyIndustry:Contributiontothemanufacturingofprecisionpartsinthenewenergysector,suchasEVbatterycasedrawingdies.
Major MarketsMajorMarkets
Other African countries (sales in over 60 countries)OtherAfricancountries(salesinover60countries)
South Korea, China, Other Asian countries (sales in over 60 countries)SouthKorea,China,OtherAsiancountries(salesinover60countries)
Other European countries (sales in over 60 countries)OtherEuropeancountries(salesinover60countries)
United States, CanadaUnitedStates,Canada
Australia, Other Oceania countries (sales in over 60 countries)Australia,OtherOceaniacountries(salesinover60countries)
Brazil, Chile, Other South American countries (sales in over 60 countries)Brazil,Chile,OtherSouthAmericancountries(salesinover60countries)
Certifications/PatentsCertifications/Patents
API Q1 Specification Certification: Quality management system standard certification for the oil and gas industry, obtained in 2008.APIQ1SpecificationCertification:Qualitymanagementsystemstandardcertificationfortheoilandgasindustry,obtainedin2008.
ISO 9001 Quality Standard Certification: International quality management system standard certification, obtained in 2008.ISO9001QualityStandardCertification:Internationalqualitymanagementsystemstandardcertification,obtainedin2008.
478 Valid Patents: Total number of patents held by the parent company SHAREATE Tools Ltd., including 72 invention patents, 380 utility model patents, and 26 software copyrights.478ValidPatents:TotalnumberofpatentsheldbytheparentcompanySHAREATEToolsLtd.,including72inventionpatents,380utilitymodelpatents,and26softwarecopyrights.
Independent R&D Center Operation: Operation of an independent research and development center dedicated to tungsten carbide development.IndependentR&DCenterOperation:Operationofanindependentresearchanddevelopmentcenterdedicatedtotungstencarbidedevelopment.
Designation as Jiangsu High-Tech Product: Ultra-fine cemented carbide rod products recognized as high-tech products in Jiangsu Province.DesignationasJiangsuHigh-TechProduct:Ultra-finecementedcarbiderodproductsrecognizedashigh-techproductsinJiangsuProvince.
Designation as Jiangsu Enterprise Technology Center: Research and development capability recognized as a Jiangsu Provincial Enterprise Technology Center.DesignationasJiangsuEnterpriseTechnologyCenter:ResearchanddevelopmentcapabilityrecognizedasaJiangsuProvincialEnterpriseTechnologyCenter.
Joint R&D Center with Nanjing University of Aeronautics & Astronautics: Operation of a collaborative center for rock drilling tool engineering and research and development.JointR&DCenterwithNanjingUniversityofAeronautics&Astronautics:Operationofacollaborativecenterforrockdrillingtoolengineeringandresearchanddevelopment.
Introduction
Location
92 LS-ro, Dongan-gu, Anyang, Gyeonggi-do, South Korea
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Information
92 LS-ro, Dongan-gu, Anyang, Gyeonggi-do, South Korea