SEOUL, Nov. 18 (Korea Bizwire) – The government has designated Korea Zinc Co.’s high-nickel precursor manufacturing technology as a national core technology amid a tussle for control of the world’s biggest refined zinc producer, according to the company Monday. Korea Zinc has been in a monthslong battle to fend off a takeover bid by its [...]
SEOUL, Mar. 15 (Korea Bizwire) — Korea Zinc Co., South Korea’s leading nonferrous metal processing firm, said Friday it has partnered with LG Chem Ltd. for business opportunities in the U.S. used plastics recycling market. Korea Zinc signed a memorandum of understanding with LG Chem to win used plastics recycling projects in the United States [...]
SEOUL, Aug. 30 (Korea Bizwire) — Hyundai Motor Group said Wednesday it will buy a 5 percent stake in Korea Zinc for 530 billion won (US$400 million) in the latest move to secure a stable supply of nickel for its electric vehicles (EVs). The move by HMG Global LLC — a business entity set up [...]
SEOUL, Nov. 23 (Korea Bizwire) — Hanwha Corp., the de facto holding company of South Korean defense-to-chemicals conglomerate Hanwha Group, said Wednesday it is joining hands with major non-ferrous metal smelter Korea Zinc Inc. for collaboration in areas including green energy and minerals development. Under the partnership, Hanwha will participate in various green energy projects [...]
SEOUL, Nov. 23 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemical producer, said Wednesday it forged a partnership with a major South Korean smelter of nonferrous metals to work together for a stable supply of electric vehicle (EV) battery components in North America. LG Chem said it signed a memorandum of understanding with [...]
SEOUL, April 8 (Korea Bizwire) — Korea Zinc Co., South Korea’s leading zinc smelter, said Friday it has purchased an additional 409.9 million shares in its main Australian subsidiary for 379.2 billion won (US$310 million). The share purchase raised Korea Zinc’s stake in Sun Metals Holdings to 100 percent, the zinc smelter said in a [...]