A source familiar with the matter said that the board of directors of Korea's zinc industry 010130.KS will meet on Monday to vote on plans to build a smelter in the US in a joint venture with the US government and company to refine key minerals, adding that the total investment will reach 10 trillion won. South Korea's Yonhap News Agency reports that the US government and company will hold 20% of the joint venture with an investment amount of 2 trillion won, and that these facilities are expected to produce antimony and germanium. A spokesperson for Korea Zinc had no immediate comment.

A source familiar with the matter said that the board of directors of Korea's zinc industry 010130.KS will meet on Monday to vote on plans to build a smelter in the US in a joint venture with the US government and company to refine key minerals, adding that the total investment will reach 10 trillion won. South Korea's Yonhap News Agency reports that the US government and company will hold 20% of the joint venture with an investment amount of 2 trillion won, and that these facilities are expected to produce antimony and germanium. A spokesperson for Korea Zinc had no immediate comment.