TSX:TECK.BMetals and Mining
Teck Resources Apex Mine Transfer Highlights Critical Minerals And Valuation Tension
Teck Resources' subsidiary has agreed to transfer 100% ownership of the past producing Apex mine in Utah to Blue Moon Metals.
The Apex asset includes germanium, gallium and copper, all important for North American critical mineral supply chains.
As part of the agreement, Teck will receive equity and a royalty stake in Blue Moon Metals.
The deal is structured to create synergies with Teck's existing zinc processing capabilities at its Trail Operations.
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