Korea Zinc

Pedalpoint Holdings, a U.S. subsidiary of Korea Zinc, acquired 100% of global scrap metal trading company Kataman Metals for USD 55 million.

Doosan Bobcat has rolled out the first hydrogen fuel cell forklift at its Incheon factory in Korea, a 3-tonne model with a 20-kW fuel cell, for delivery to Korea Zinc's Onsan refinery. This is the first commercially viable hydrogen fuel cell forklift in Korea.

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.

Hyundai Motor Group signed an MOU with Korea Zinc for comprehensive cooperation in the nickel value chain for EV batteries. The partnership includes joint purchasing of nickel raw materials and co-investment in mine development projects.

BHI (BHI Co.) signed a KRW 15.66 billion contract with Korea Zinc to supply combined-cycle power generation equipment. The contract was signed on November 7, 2018.