The proposed takeover of Korea Zinc by private equity firm MBK Partners and Young Poong is expected to have significant implications for the company's operations in Australia, particularly for its subsidiary Sun Metals. Ark Energy, a renewable energy arm of Korea Zinc based in Australia, expressed concerns about the potential impact of the takeover on the zinc refinery business. Choi Ju-won, CEO of Ark Energy, highlighted the challenges that MBK Partners and Young Poong may face in managing the ongoing operations in Australia, emphasizing the long-term nature of zinc smelting business and the need for substantial investments in technology and personnel training. Choi questioned the ability of MBK Partners and Young Poong to replicate Korea Zinc's success in the zinc smelting industry, given their profit-driven approach and lack of experience in the sector. Despite MBK Partners' statement of support for Korea Zinc's renewable energy initiatives in Australia, Choi and other stakeholders, such as Townsville Enterprise, have raised concerns about the takeover bid. The Australian government and the Foreign Investment Review Board have been urged to scrutinize the bid, especially in light of safety-related incidents involving Young Poong executives in the past. Choi emphasized the strategic importance of Australia to Korea Zinc's future growth, citing the country's renewable energy potential as a key factor in the company's expansion plans.