Tag: Korea Zinc

Korea Zinc

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Korea weighs curbs on private equity in strategic industries after Korea Zinc-MBK battle

Financial regulators are considering legislation to limit private equity takeovers in strategic industries after the recent Homeplus bankruptcy and Korea Zinc cases.

2026.7.29

Korea Zinc, Homeplus unions form united front against MBK Partners

The unions demanded that MBK Partners halt its Korea Zinc takeover bid and address the worsening crisis at Homeplus, warning of risks to jobs and national security.

2026.7.1

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Tennessee Deputy Gov, Stuart McWhorter, left, listens to an explanation of the facilities from an official during a visit to Korea Zinc’s Onsan smelter in Ulsan on April 28. [KOREA ZINC]

Tennessee's deputy governor visits Korea Zinc smelter to push joint project forward

Tennessee Deputy Gov. Stuart McWhorter visited Korea Zinc's smelter in Onsan, Ulsan, on Tuesday to move forward with a joint $7.4 billion project with the company to build an integrated smelter in Tennessee.

2026.4.29

Korea Zinc Executive Chairman Choi Yun-birm speaks at a session held during the International Energy Agency ministerial meeting in Paris on Feb. 18. [YONHAP]

Korea Zinc retains upper hand over MBK-Young Poong side in contentious board elections

Korea Zinc retained the upper hand on Tuesday in its ongoing boardroom battle with its largest shareholder alliance of MBK Partners and Young Poong, filling more than half of the newly elected board seats with nominees aligned with the company.

2026.3.24

Korea Zinc headquarters in central Seoul [YONHAP]

North American pension funds back Korea Zinc’s recommended board candidates

North American pension funds have voiced support for Korea Zinc’s recommended board candidates, including Chairman Choi Yun-birm, ahead of the smelter’s annual general meeting scheduled for Tuesday.

2026.3.23

Korea Zinc Chairman Choi Yun-birm speaks during a session at the 2026 IEA Ministerial Meeting in France on Feb. 18. [YONHAP]

Korea Zinc labor union blasts NPS for withholding vote to reappoint corporate chair to board

Korea Zinc’s labor union criticized the state-run pension fund’s decision to withhold its vote on the corporate chairman’s reappointment as an internal board member, calling it a failure to safeguard a national strategic industry.

2026.3.22

The National Pension Service in Seodaemun District in western Seoul [NEWS1]

DP lawmakers aim at MBK in urge for NPS to 'sever ties with speculative investors'

With the National Pension Service poised to play a de facto casting vote at the upcoming annual shareholder meeting of Korea Zinc, Korean politicians are urging it to uphold its duty as a public fiduciary and safeguard corporate and labor interests.

2026.3.17

HD Hyundai CEO Chung Ki-sun, left, Posco Group Chairman Chang In-hwa, center, and Korea Zinc Chairman Choi Yun-birm [HD HYUNDAI/POSCO/KOREA ZINC]

Korea Inc. descends on Switzerland to attend Davos Forum

Korean business leaders, including the heads of corporate giants such as HD Hyundai and Posco, are gathering in Davos, Switzerland, to attend the World Economic Forum (WEF), commonly known as the Davos Forum, which runs from Monday to Friday.

2026.1.20

Korea Zinc headquarters in central Seoul. [NEWS1]

Court orders Young Poong, MBK to disclose Korea Zinc documents as part of unfair transaction probe

A Seoul court has ordered Young Poong and MBK Partners to disclose contractual documents from their attempt to acquire control of Korea Zinc, to verify whether they engaged in an unfair transaction involving the discounted sale of Korea Zinc shares.

2026.1.2

Korea Zinc Chairman Choi Yun-birm speaks during an interview with the Yonhap News Agency on Jan. 9. [YONHAP]

Seoul court dismisses injunction, paving way for Korea Zinc’s U.S. smelter investment

A Seoul court on Wednesday dismissed an injunction sought by MBK Partners-Young Poong alliance against Korea Zinc, clearing the way for the company’s plan to issue third-party shares for its $7.4 billion investment project in the United States.

2025.12.24