Korea Zinc sets KRW 700,000 call option for Korea Zinc stock

Published on 10/20/2026 at 00:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The option covers 2,444,546 shares at KRW 700,000. Korea Zinc stock faces a 2030 supply-chain milestone.

Three dated Korea Zinc developments

On October 19, 2026, Korea Zinc signed a long-term purchase agreement linked to a Canadian mine targeting 2030 operations.
Meritz Securities sees third-quarter operating profit at KRW 388.80 billion, 33.80 percent below the second quarter.
Korea Zinc's market capitalization was KRW 20.4 trillion on October 19, 2026.

Korea Zinc, KR7010130003, Illustration mit AI erstellt.

Korea Zinc (ISIN KR7010130003) is tied to a KRW 700,000 call option covering 2,444,546 shares, while a Canadian supply agreement adds a 2030 growth milestone. Pulse reported the option terms on October 19, 2026, and the stock was last at KRW 999,000 on the same date.

Option terms keep control dispute active

Young Poong and MBK Partners agreed on a KRW 700,000 exercise price for the option, below the KRW 830,000 final tender offer price. The difference is KRW 130,000 per share, and the contract covers 2,444,546 Korea Zinc shares, according to Pulse.

A separate disclosure covered third-quarter related-party transactions with Young Poong: purchases of precious-metal materials totaled KRW 11,856 million, while ingot sales reached KRW 648 million. TipRanks published the figures on October 14, 2026.

Canada adds a strategic supply angle

Korea Zinc is pursuing zinc mine exploration in British Columbia with Tekmet, with potential annual production of 100,000 tons if the project succeeds. It also signed a long-term agreement for zinc concentrate from Canada's Kurz Kayah mine, which aims to start operations in 2030, Chosun reported on October 19, 2026.

What drives the earnings risk?

The near-term test is precious-metals exposure rather than zinc volume alone. Meritz Securities expects third-quarter operating profit of KRW 388.80 billion, down 33.80 percent from KRW 587.11 billion in the second quarter and below its KRW 446.80 billion consensus, according to Adalytica on October 12, 2026. The estimate links the pressure to weaker gold and silver prices, currency effects and lower smelting fees.

Next reporting date

Korea Zinc is scheduled to report its next earnings on November 17, 2026, according to TradingView. The date gives investors a defined checkpoint for testing the third-quarter profit outlook against actual results.

Stock value and market scale

Korea Zinc was last at KRW 999,000 on the Korea Exchange on October 19, 2026 at 3:30 p.m. KST. Its market capitalization was KRW 20.4 trillion, while the 52-week range stood at KRW 877,000 to KRW 2,188,000 on the same date.