Korean Business Tycoon Choi Chang-geol Dies at 84, Leaving Behind Global Nonferrous Metal Empire
Korean business tycoon Choi Chang-geol, who transformed Korea Zinc into a global leader in nonferrous metal production, has passed away at the age of 84. Under his guidance, the company, now known as LS Group, became one of the world's leading producers in this sector.
Choi Chang-geol, who served as the honorary chairman of Korea Zinc, was instrumental in the company's transformation. He took the helm in 1983 and over the next three decades, he steered the company through significant growth and expansion.
Under his leadership, the company diversified its operations, moving into areas like copper, aluminium, and other nonferrous metals. This strategic shift helped the company weather economic downturns and maintain steady growth. Choi's vision and leadership turned Korea Zinc into a multinational corporation, with operations spanning across Asia, Europe, and North America.
Choi Chang-geol's passing marks the end of an era for LS Group. His legacy lives on in the company's continued success and global presence. The company, now led by his son, Choi Jung-tai, continues to build on the foundation laid by Choi Chang-geol, further cementing its position as a world leader in nonferrous metal production.