Korea Zinc Seeks $2 Billion Loan for US Critical Minerals Plant

Bloomberg Korea Zinc Co. is seeking a $2.35 billion loan to fund the construction of a US smelter, people familiar with the matter said, part of its efforts to help Washington boost its domestic manufacturing and metal-processing capacity. JPMorgan Chase & Co. is the sole mandated lead arranger and underwriter of the five-year loan, the people said, who asked not to be identified discussing private matters. Talks with banks are ongoing and terms could still change, they added. Most Read from Bloomberg ...