This is the best summary I could come up with:

SEOUL, Aug 3 (Reuters) - South Korean experts said on Thursday they would set up a committee to verify claims that a room temperature superconductor has been discovered, which has driven investor frenzy as well as peer skepticism since.

"There has been a lot of controversy over the authenticity of the reported results at home and abroad, and other claims are being added without being peer-reviewed," the group said.

"Based on data from the two archived papers and the video made public, the materials ... cannot be called room temperature superconductors at this point," it added.

But the handful of materials discovered so far only exhibit superconductivity at extremely high temperatures and pressures, making them impractical for widespread use.

An index tracking Chinese superconductor-related stocks has surged since late July, when the South Korean researchers published their papers, rising as much as 22%, though it gave up a large chunk of those gains on Thursday.

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