South Korea's local government says no to fund's takeover plan of Korea Zinc, stock purchase campaign also underway

The Ulsan City Council, in the name of 22 council members, expressed concern over the M&A (merger and acquisition) of Goryeo Zinc, a company that specializes in smelting and non-ferrous metals. Goryeo Zinc is a refinery located in Ulju County, Ulsan City.