HMG Global acquires 5% stake in Korea Zinc for $527.2B

HMG Global, a foreign entity established by Hyundai Motor Group, acquired a 5% stake in Korea Zinc for approximately 527.2 billion won ($527.2 million). The stake acquisition strengthens collaboration in the EV battery value chain.

“HMG Global will acquire a 5% stake in Korea Zinc for approximately 527.2 billion won.”biz.newdaily.co.kr

• 1 source
• biz.newdaily.co.kr현대차그룹, 고려아연과 전기차 배터리 핵심소재 분야 협력 | 뉴데일리김재홍 기자Aug 30, 2023

Summarized from public sources; check the original articles before acting on it.