Korea Zinc Co. Chairman Choi Yoon-beom. [Courtesy of Korea Zinc] With Hyundai Motor Group's participation in a paid-in capital increase by Korea Zinc Co., Choi Yoon-beom, the current chairman of the world's largest lead and zinc smelter is expected to see his ownership stake to surpass that of Young Poong Group Chairman Chang Hyung-jin for the first time. While the Choi and Chang families had previously co-managed Korea Zinc, founded by both families, tensions over the consolidation of ownership stakes emerged last year after third-generation CEO Choi took the reins.

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