Korea Zinc officially launches its $9.3 billion U.S. smelter project in Tennessee with ceremony attended by top executives, amid ongoing management control dispute with Young Poong and MBK Partners over 2.8 trillion won share issuance, with completion targeted for 2029.
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https://en.infomaxai.com/news/articleView.html?idxno=113392
Korea Zinc Officially Launches US Smelter Project

Korea Zinc officially launches its $9.3 billion U.S. smelter project in Tennessee with ceremony attended by top executives, amid ongoing management control dispute with Young Poong and MBK Partners over 2.8 trillion won share issuance, with completion targeted for 2029.

Yonhap Infomax
Korea Zinc will proceed with its US smelter JV capital increase after a Seoul court rejected Young Poong and MBK Partners’ injunction, narrowing their stake gap to 2%.
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https://en.infomaxai.com/news/articleView.html?idxno=97059
Korea Zinc to Proceed with US JV Capital Increase as Planned—Stake Gap with Young Poong and MBK Narrows to 2%

Korea Zinc will proceed with its US smelter JV capital increase after a Seoul court rejected Young Poong and MBK Partners’ injunction, narrowing their stake gap to 2%.

Yonhap Infomax
Young Poong Corp. and MBK Partners are seeking a court injunction to block Korea Zinc’s KRW 2.85 trillion ($2.2 billion) rights issue, citing concerns over governance and shareholder equity as the company pursues a major U.S. smelter investment with foreign partners.
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https://en.infomaxai.com/news/articleView.html?idxno=95602
Young Poong, MBK Seek Injunction to Block KRW 2.85 Trillion Rights Issue at Korea Zinc

Young Poong Corp. and MBK Partners are seeking a court injunction to block Korea Zinc’s KRW 2.85 trillion ($2.2 billion) rights issue, citing concerns over governance and shareholder equity as the company pursues a major U.S. smelter investment with foreign partners.

Yonhap Infomax