JPMorgan Underwrites £6 Billion Tennessee Metals Smelter Project with Korea Zinc
Published on: Jan. 13, 2026, 3:06 p.m. | Source: scanx.trade
JPMorgan Chase underwrote £6 billion in funding for a Tennessee metals smelter led by Korea Zinc, supported by $210 million in US Commerce Department grants. The Clarksville facility will process 13 critical metals including zinc, copper, gold, and strategic materials for defense and electronics applications. Operations begin in 2029 with full capacity by 2030-2031, creating hundreds of high-skill jobs while reducing US dependence on Asian refining capacity.
