Korea Zinc shares fall 11% after reports top shareholders may seek to block US smelter plan
SEOUL, Dec 16 (Reuters) - Shares of Korea Zinc fell as much as 11% in early Tuesday trading after reports that major shareholders MBK Partners and Youngpoong would seek a court injunction to block the company from issuing shares for a new U.S.-based smelter. (Reporting by Jack Kim Editing by Ed Davies) ((jack.kim@thomsonreuters.com; +822 6936 1455;))
Recent news on Korea Zinc
See all newsBrief: Korea Zinc $7.4 Billion Project To Build Large-Scale Smelter In Tennessee Completed Final Environmental Assessment
Focus: Niche metals test West's resilience to Chinese export curbs
Focus: Niche metals test West's resilience to Chinese export curbs
Brief: Korea Zinc Urges Shareholders To Vote For Long-Term Corporate Value
Brief: MBK Partners-Young Poong Consortium Urges Korea Zinc Shareholders To Support Independent Oversight