Korea Zinc Inc., the world’s largest lead and zinc smelter, has announced that its Australian subsidiary, Ark Energy, has selected Hanwha Corp. as the preferred partner for a battery energy storage system (BESS) project in Australia. The partnership comes as part of ongoing efforts to develop renewable energy solutions within the region. Korea Zinc and...
READ MOREKorea Zinc, the world’s largest producer in the non-ferrous metals sector, has had its patented technology for processing secondary battery precursors officially recognized by the South Korean government as a national core technology. This designation means that the government will manage the technology with special oversight, particularly in matters of mergers and acquisitions involving foreign...
READ MOREKorea Zinc Co.’s chairman, Choi Yun-beom, will step down from his role as the head of the board after canceling a planned $1.8 billion share sale. The decision is seen as an attempt to address concerns from the company’s largest shareholder amid an ongoing battle for control. The world’s largest refined zinc producer announced on...
READ MOREKorea Zinc, the world’s largest refined zinc producer, is embroiled in a contentious takeover battle between its founding families. The outcome could significantly impact South Korea’s role in the U.S.-led efforts to reduce reliance on China for essential metals and materials used in key industries such as construction and automotive manufacturing. The battle involves competing...
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