20 stories found
The United States has announced a $2.18 billion initiative to bolster its critical mineral supply chains, with companies like FEAM and WWR in focus. This move is also gaining traction for Korea Zinc as the US rebuilds its mineral infrastructure.
Labor unions from Homeplus and Korea Zinc have formed an alliance to pressure private equity firm MBK Partners, accusing it of prioritizing profits over workers and long-term corporate sustainability.
Korea Zinc, the world's largest refined zinc smelter, is exploring an expansion of its Australian refining operations amidst calls for a critical minerals supply chain linking South Korea, the US, and Australia.
A Tennessee official visited a Korea Zinc facility to discuss cooperation on a US project, highlighting potential international partnerships in the industry.
Korea Zinc has officially commenced its $7.4 billion project to construct a large-scale mineral processing facility in Tennessee, aiming to expand its supply chain in the US.
An ownership dispute at Korea Zinc has intensified ahead of its annual meeting, with scrutiny resurfacing over China Investment Corp.'s investment in MBK's Fund VI amidst the fight between the Young Poong-MBK alliance and Korea Zinc.
Teck Resources has secured a deal to sell zinc, silver, and germanium to Korea Zinc at higher prices starting in 2026.
Korea Zinc announced its highest-ever operating profit in the second quarter of this year, attributing the success primarily to robust demand for key metals. The company's sales revenue and operating profit saw significant jumps.
Korea Zinc Chairman Choi Yun-birm met with Australian Prime Minister Anthony Albanese to discuss enhancing cooperation in critical minerals supply chains, aiming to deepen bilateral ties in the sector.
South Korean private equity firm MBK Partners has hired an additional US lobbyist to address concerns about potential Chinese influence, as it continues a control battle over Korea Zinc.
Private equity firm Bain Capital has sold its entire stake in Korea Zinc to Meritz Financial Group, concluding its 18-month role as a key backer of Chairman Choi Yoon-beom.
Incumbent leadership at Korea Zinc's annual general meeting, led by Chair Choi Yun-beom, secured victory in a closely watched proxy fight, thanks to broad support from retail and foreign investors.
Korea Zinc Chairman Choi Yun-beom is reportedly exploring ways to buy back the stake in the smelter held by private equity firm Bain Capital, a move that could strengthen his position in the ongoing control battle with Young Poong and MBK Partners. According to industry sources Friday, Choi’s camp has recently been seeking financing options to acquire Bain Capital’s 2.01 percent stake in Korea Zinc. Possible approaches include a direct buyback or bringing in new financial partners to take over t
A widening earnings gap between Korea Zinc and Young Poong is becoming a critical factor ahead of a pivotal shareholder vote next month, as both companies vie for greater control over the world's leading zinc smelter.
MBK Partners is facing criticism for promoting Korea Zinc's US investment project at a reception while its portfolio company Homeplus is undergoing a restructuring crisis in South Korea.
Korea Zinc, the world's largest refined zinc smelter, announced it achieved full compliance with all 15 core corporate governance indicators in 2025, surpassing rival Young Poong amidst an ongoing proxy battle.
A South Korean judge, who had notably increased the prison sentence for the country's former first lady, has been found dead. The circumstances surrounding his death are under investigation.
South Korea's Hanwha Corp. is reportedly weighing the sale of its stake in Korea Zinc to provide a large-scale capital injection into its affiliate, Hanwha Solutions, through a rights offering.
Korea Zinc Chair Choi Yun-beom was reelected to the board, successfully securing his management control in a heated proxy battle against major shareholder Young Poong and private equity firm MBK Partners at the annual general meeting.
Korea Zinc announced its participation in InterBattery 2026, where it plans to highlight its role in strengthening Korea's resource security by producing strategic minerals vital for advanced industries like batteries, semiconductors, and defense.