Corporate Logo(source: koreazinc.co.kr)
Korea Zinc (010130) jumped sharply in early trading on October 14, buoyed by surging gold prices and concerns over China’s recent announcement of tighter export controls on rare earth materials.
According to the Korea Exchange, as of 9:49 a.m., Korea Zinc was trading at 1,307,000 won, up 13.36% from the previous session.
The rally is attributed to a combination of rising gold prices and supply concerns following China’s rare earth export restrictions.
Korea Zinc, a leading non-ferrous metal smelter, produces over ten types of metals, ranging from base metals such as zinc, lead, and copper to precious metals including gold and silver, as well as rare metals like antimony, indium, and bismuth. The company also manufactures semiconductor-grade sulfuric acid.
According to Bloomberg, the spot price of gold rose 2.8% to $4,128.95 per ounce as of 7:40 p.m. (U.S. Eastern Time) on October 13, briefly touching $4,131.29, an all-time intraday high.
On the New York Mercantile Exchange, December gold futures surged 3.4% to $4,135.50 per ounce, marking a 57% increase so far this year.
*[KOSPI]Korea Zinc Company(010130) is a comprehensive non-ferrous metal refining company that manufactures and sells zinc, lead, gold, silver, copper, and other non-ferrous metals. The market capitalization is 22.154 trillion won (as of October 13, 2025, closing price).
Corporate Logo(source: koreazinc.co.kr)
Korea Zinc (010130) jumped sharply in early trading on October 14, buoyed by surging gold prices and concerns over China’s recent announcement of tighter export controls on rare earth materials.
According to the Korea Exchange, as of 9:49 a.m., Korea Zinc was trading at 1,307,000 won, up 13.36% from the previous session.
The rally is attributed to a combination of rising gold prices and supply concerns following China’s rare earth export restrictions.
Korea Zinc, a leading non-ferrous metal smelter, produces over ten types of metals, ranging from base metals such as zinc, lead, and copper to precious metals including gold and silver, as well as rare metals like antimony, indium, and bismuth. The company also manufactures semiconductor-grade sulfuric acid.
According to Bloomberg, the spot price of gold rose 2.8% to $4,128.95 per ounce as of 7:40 p.m. (U.S. Eastern Time) on October 13, briefly touching $4,131.29, an all-time intraday high.
On the New York Mercantile Exchange, December gold futures surged 3.4% to $4,135.50 per ounce, marking a 57% increase so far this year.
*[KOSPI]Korea Zinc Company(010130) is a comprehensive non-ferrous metal refining company that manufactures and sells zinc, lead, gold, silver, copper, and other non-ferrous metals. The market capitalization is 22.154 trillion won (as of October 13, 2025, closing price).