Korea Zinc's largest shareholder group is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of the group's stake in the company.

Korea Zinc will start by acquiring two mining complexes and the only US zinc smelter, which is in Tennessee.

The U.S. government is ramping up its investment in critical minerals partnerships not reliant on China.

Korea Zinc's largest shareholder group is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of the group's stake in the company.

Korea Zinc said it would spend billions of dollars to build a smelter of strategic materials in Clarksville, Tenn., in partnership with the U,S.

Korea Zinc's decision to build a large-scale smelter in the United States is drawing broad attention from major foreign media outlets.