Korea Zinc Shares Jump on Report of $6.8 Billion US Smelter

Korea Zinc Co. Ltd. surged more than 26% on Monday after local media reported that the world’s largest zinc smelter is preparing to approve a 10 trillion won ($6.8 billion)investment...

By Shinhye Kang, Denny Thomas · Bloomberg Markets

Korea Zinc Co. Ltd. surged more than 26% on Monday after local media reported that the world’s largest zinc smelter is preparing to approve a 10 trillion won ($6.8 billion)investment in America with financial backing from the US government.