Korea Zinc's US Smelter Plan: White Knight or Strategic Move?
Update: 2025-12-15
Description
Korea Zincs board is set to discuss a $10 billion smelter project in the U.S., aiming to refine critical minerals and reduce reliance on China. The project involves a joint venture with the U.S. government and American companies, but major shareholders criticize it as a move to solidify current managements control. The U.S. government and defense companies are expected to invest $1 billion, acquiring a 10% stake in Korea Zinc, with most funding coming from borrowed money.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
