Core Viewpoint - The restructuring plan for the critical mineral supply chain led by the U.S. is facing uncertainty due to legal disputes and management disagreements involving the South Korean zinc smelting leader, Korea Zinc [1] Group 1: Project Overview - The Tennessee smelting plant project, a flagship of the U.S.-South Korea mineral strategy, is experiencing severe delays due to internal disputes over equity and management at Korea Zinc [1] - The U.S. Department of Defense has confirmed a partnership with Korea Zinc to invest $7.4 billion in the construction of the smelting plant, aimed at addressing supply chain risks for various industries [1] - The project was expected to be a significant achievement, marking the first large-scale zinc smelting plant built in the U.S. since the 1970s [1] Group 2: Legal and Financial Issues - The focus of the legal dispute is on a third-party directed capital increase plan scheduled for December 26, where the current chairman of Korea Zinc intends to issue new shares to Crucible JV, acquiring 10% of Korea Zinc [2] - This financing plan has faced strong opposition from the largest shareholder alliance, who have filed for an injunction, claiming it is an "abnormal operation" to dilute competitors' shares and consolidate management rights [2] - Ongoing investigations by the Korean Fair Trade Commission and prosecutors into the legality of the financing chain may lead to further delays in the project's investment progress [2]