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Korea Zinc plans to invest $7.4 billion in a new smelting facility in Tennessee to produce 13 metals, including silver, in response to China's export controls that are impacting global supply chains. The facility aims to bolster U.S. production as demand for silver surges, particularly in industries like solar energy and AI. The U.S. government is expected to acquire a 10 percent stake in Korea Zinc, which currently accounts for 6 percent of global silver output.