Korea Zinc trades 39.6% below its ₩2,115,000 52-week high while trailing net income of ₩983.6bn is 3.2 times what the company earned in FY2024, so price and earnings have moved opposite ways.
Dividends paid fell from ₩599.0bn in FY2023 to ₩314.9bn and then ₩139.3bn, before jumping to ₩511.7bn in the first half of 2026 as a shareholder vote approached.
Investing activities consumed ₩3,461.2bn in the first half of 2026 while purchases of property, plant and equipment were only ₩529.4bn.
First-half 2026 operating income of ₩1,333.2bn exceeded the ₩1,231.9bn Korea Zinc earned across the whole of FY2025, on revenue up 62.5%.
Young Poong and Korea Corporate Investment Holdings filed for an injunction on 21 August to bar specified shares from voting at the 9 September extraordinary meeting.
Youngpoong Corporation (000670) and MBK Partners challenged a fund investment linked to Korea Zinc Company, Ltd.
Korea Zinc (KRX:010130) expanded sulfuric acid production capacity to 320,000 tonnes annually, up from 280,000 tonnes, to serve semiconductor manufacturers' refining and process-chemical needs, the company said Wednesday.
Korea Zinc has expanded its Onsan smelter's ultra-pure sulfuric acid output to 32 million tonnes annually for semiconductor makers.
Korea Zinc (010130) said Monday that South Korea's Supreme Court dismissed most of its appeal against a 2025 injunction that froze resolutions from an extraordinary shareholder meeting, in an August 28 decision its lawyers relayed to the company on August 31.
| Period | 010130 | KOSPI | Difference |
|---|---|---|---|
| 1 week | -11.1% | -1.5% | -9.6% |
| 1 month | +17.0% | +5.2% | +11.9% |
| 3 months | -7.1% | -22.6% | +15.5% |
| 6 months | -25.1% | +31.3% | -56.4% |
| Year to date | -7.1% | +58.7% | -65.8% |
| 1 year | +35.5% | +108.9% | -73.4% |
Closed at 27% of the way from its 52-week low (₩891,000) to its 52-week high (₩2,115,000).
FILING OR PETITION OF LITIGATION (CONTROL-DISPUTE LITIGATION) - AMENDED (Korea Exchange disclosure, filed by Korea Zinc Inc. on 2026-08-20) AMENDED FILING Date of amendment: 2026-08-20 1. Disclosure document amended: Filing or Petition of Litigation (Control-Dispute Litigation) 2. Date the amended document was submitted: 2026-08-19 3. Reason for amendment: correction of a clerical error 4. Item amended Item: "3. Substance of the claim" BEFORE: "With respect to the case between the above parties, counsel for the plaintiff was served with the authenticated copy of the decision recommending settlement dated 30 July 2026, and hereby objects to it in its entirety." AFTER: "With respect to the case between the above parties, counsel for the plaintiff's co-litigation intervenor was served with the authenticated copy of the decision recommending settlement dated 30 July 2026, and hereby objects to it in its entirety." FILING OR PETITION OF LITIGATION (CONTROL-DISPUTE LITIGATION) 1. Name of the case: Action seeking cancellation of a resolution of a general meeting of shareholders Case number: 2025 Ga-Hap 9085 2. Plaintiff (petitioner) 1) Plaintiff: Young Poong Corporation and one other party 2) Co-litigation intervenor: MJ Partners Co., Ltd. 3. Substance of the claim With respect to the case between the above parties, counsel for the plaintiff's co-litigation intervenor was served with the authenticated copy of the decision recommending settlement dated 30 July 2026, and hereby objects to it in its entirety. 4. Court with jurisdiction: Seoul Central District Court 5. Future response: The company intends to respond in accordance with legal procedure. 6. Date of filing / petition: 2026-08-18 7. Date of confirmation: 2026-08-19 8. Other matters material to an investment decision 1) Item 3 above states only the essential part of the relief sought. 2) The date in item 6 is the date on which the petitioner submitted the petition to the court. 3) The date in item 7 is the date on which the objection was delivered to the company by its legal counsel. 4) The company will disclose related matters without delay if there are further developments or confirmed facts. Related disclosures: 2026-08-07, Judgment or Decision in Litigation.
Korea Zinc runs the world's largest single zinc and lead smelting complex, at Onsan on Korea's southeast coast, and is also one of the largest producers of silver and a significant producer of gold, indium and other by-product metals. It does not own mines. It buys concentrate from miners worldwide and is paid a treatment charge for refining it, so its economics turn on smelting fees, by-product credits and metal prices rather than on ore grades. That refining skill has pushed it into battery materials — it supplies nickel and precursor inputs for lithium-ion cathodes — and into copper foil. For a US reader the closest comparison is a custom smelter like Nyrstar or Teck's refining arm, with two Korean particularities: it sits at the centre of a long-running control fight between its founding families and outside investors, and it is treated by Seoul as a strategically important supplier of critical minerals.
| Sector | Metals & Mining | Employees | |
| Market | KOSPI | Founded | |
| Korean name | 고려아연 | Head office |
| Symbol | Last Price |
|---|---|
| 103140Poongsan Corporation | ₩78,400 -0.3% |
| 006110Sama Aluminium Co., Ltd. | ₩68,700 -0.7% |
| 000670Youngpoong Corporation | ₩39,300 -1.8% |
| 295310HVM Co., Ltd. | ₩48,450 +15.2% |