Friday, October 10, 2025

Teck in talks to provide critical minerals to US

 Teck Resources Ltd. is in discussions with the United States and Canada to provide them with critical minerals, CEO Jonathan Price said at the Financial Times Metals and Mining Summit on Friday. The Canadian company is negotiating the supply of germanium, antimony and gallium.

Price said Teck could cover the needs of North America "and potentially all of the needs of the G7 countries." He also noted the market uncertainty caused by China's potential further export controls, suggesting that Beijing uses its significant natural resources in critical materials "to some extent as a coercive tool in trade relationships." However, he did not welcome the possibility of the Trump administration taking a stake in Teck, stating that it is not "necessarily a path that we need to be going down."

https://breakingthenews.net/Article/Teck-in-talks-to-provide-critical-minerals-to-US/64961890

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