Corporate / CVC
Every published round Korea Zinc took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Korea Zinc has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Korea Zinc, as distinct from the investments it has made.
Companies Korea Zinc has backed that another company then bought. An exit for the holding, not a deal Korea Zinc did.
Stories naming Korea Zinc. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of Australian manufacturing news: Iluka's refinery cost estimate, a biotech placement with a founder sell-down, a CEO appointment, a retirement, an R&D refund, a distribution deal, a CRC merger and Victorian grants.
ARENA will fund Ark Energy's Townsville hydrogen truck deployment with $3.02 million, conditionally approved, alongside CEFC debt finance and Queensland Government support.
Green Gravity will trial its gravity energy storage in a closed NSW coal mine under an MoU with Yancoal, with a pre-feasibility study due in 2023, after a May capital raise.
Green Gravity, a new Australian venture developing gravity-based power storage inside abandoned mine shafts and led by Mark Swinnerton, formerly of BHP, has early private backing and is in talks with governments and VCs.
Swiss gravity-based storage firm Energy Vault has listed on the New York Stock Exchange after merging with a blank-cheque company, opening near a two billion dollar valuation before its shares slipped on day one.
Also RenewEconomy
Energy Vault signed a $50 million China licensing deal with Atlas Renewable and China Tianying; the article also recalls Korea Zinc's $50 million investment, whose subsidiary Sun Metals will deploy the technology in Queensland.
Manufacturing news roundup covering Maggie Beer Holdings' revenue growth, an FBR-UAE study MoU, FBICRC's new CEO, ARENA funding for Ark Energy's hydrogen electrolyser, Aurora Labs' capital raise, and Austal's US expansion.