Canada agrees on a potential C$400 million Teck investment for strategic metals production
Geopolitics · Reuters ·
The Canadian government announced a potential equity investment of up to C$400 million in Teck Resources to expand its Trail Operations facility in British Columbia for production of strategic metals such as germanium, antimony and gallium. The deal includes a framework for an offtake agreement securing rights to Teck's future output, part of a broader C$850 million plan as Canada and its G7 partners seek alternatives to China's dominance in critical minerals.