zinc
By Hyunjoo Jin, Cynthia Kim and Kane Wu SEOUL (Reuters) -A takeover battle over Korea is adding pressure on Seoul to pass legislative reforms to ensure better protections for all investors in a country with a stock market dominated by family-run conglomerates. Korea Zinc Chairman Yun B. Choi, a grandson…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Korea Zinc said on Monday it has secured 9.85% of the company’s shares in a $1.5 billion buyback that it launched to block shareholders from selling their stakes to its top investor Young Poong and private equity firm MBK. Bain Capital, which…
By Julian Luk LONDON (Reuters) – Western sanctions on Russia’s zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output, three sources with knowledge of the matter said, meaning mined zinc supply forecasts for 2025 are likely to be too high. Without Ozernoye’s substantial contribution…
Investing.com — Analysts at Citi Research in a note dated Wednesday shifted to a neutral stance on and in the short term, following the realization of its previously set bullish price targets. This change comes on the heels of a robust rally in August, which saw aluminium and zinc prices…
Investing.com — The market is currently facing challenges due to a tightening in mine supply, which has placed increased pressure on smelters globally. As per analysts at BofA Securities in a note dated Wednesday, the situation is critical as it affects both zinc production and the profitability of smelters, particularly…
Investing.com — UBS Global Research identifies as the top pick among base metals, citing favorable supply-demand dynamics and a bullish long-term price outlook. Despite recent pressures, including rising inventories and weaker-than-expected manufacturing data, copper remains the most attractive metal due to several key factors. Copper: Market dynamics and projections Copper’s…
