U.S. congressman worries Korea Zinc's potential takeover could harm supply chains and aid China.

A U.S. congressman has raised concerns over a potential takeover of Korea Zinc, the world's largest zinc smelter, by private equity firm MBK Partners. The representative worries the deal could lead to technology transfers to Chinese entities and affect critical minerals supply chains. The congressman has asked the U.S. to consult with Korean authorities to review the transaction considering national security and economic impacts.

3 months ago
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