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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

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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

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

Korea Zinc CEO Park Ki-deok speaks during a press conference at the Grand Hyatt Seoul in Yongsan District, central Seoul, on Jan. 24. [KOREA ZINC]

Korea Zinc offers olive branch as MBK Partners signals war for control to continue

Korea Zinc held out an olive branch to MBK Partners on Friday by offering to accept the equity firm as a "partner" and end their five-month brawl.

2025.1.24

Korea Zinc shareholders wait for the start of an extraordinary shareholders meeting held at the Grand Hyatt Seoul in Yongsan District, central Seoul, on Jan. 23. [KOREA ZINC]

Korea Zinc caps board membership in moves to derail Young Poong takeover

In an extraordinary shareholder meeting on Thursday, Korea Zinc voted to cap its board membership and adopt a "cumulative voting system," both moves that bolster the defense of Chairman Choi Yun-beom.

2025.1.23

Korea Zinc Chairman Choi Yun-beom speaks during a press conference held in central Seoul on Nov. 13. [NEWS1]

Court decision blocks Korea Zinc from implementing board voting system

The Seoul Central District Court approved an injunction filed by the MBK Partners-Young Poong coalition aimed at blocking Korea Zinc from implementing a voting system that could favorably aid Chairman Choi Yun-beom.

2025.1.21

Korea Zinc Chairman Choi Yun-beom tours the company's refining facilities in Onsan, Ulsan, in November. [KOREA ZINC]

Korea Zinc seeks 'core technology' designation in latest attempt to block takeover

Korea Zinc is facing management control issues with major stakeholders, focusing on listing refining technologies as national core technologies to fend off foreign acquisition attempts.

2024.12.10

Ark Energy's solar farm in Townsville, North Queensland. Ark Energy is an Australian energy subsidiary owned by Korea Zinc. [KOREA ZINC]

Australian politicians voice worries over Korea Zinc takeover dispute

Australian politicians are urging an end to Korea Zinc's ownership dispute with MBK Partners, citing potential setbacks in clean energy projects, job losses in Townsville, and risks to proprietary technologies.

2024.11.14

Financial Supervisory Service Senior Deputy Governor Hahm Yong-il speaks during an emergency press briefing in western Seoul. [NEWS1]

FSS blocks Korea Zinc's share issuance plan

The Financial Supervisory Service (FSS) put the brakes on Korea Zinc's plan to issue new shares in an attempt to fend off a hostile takeover bid.

2024.11.6