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Market Chatter: Teck Resources in Talks With US, Canadian Officials to Supply Defense Minerals
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Market Chatter: Teck Resources in Talks With US, Canadian Officials to Supply Defense Minerals
Oct 10, 2025 10:04 AM

12:15 PM EDT, 10/10/2025 (MT Newswires) -- Teck Resources ( TECK ) is in active discussions with US and Canadian officials about potentially supplying minerals like germanium, antimony and gallium to their defense industries, Financial Times said, citing the company's Chief Executive Officer Jonathan Price.

Speaking at the FT Metals and Mining Summit, Price said he believed that Teck can produce enough germanium to supply all of North American and even for all the G7 countries, and that the company was talking to the governments about "potential for price floors" and "stockpiling" arrangements, the report said.

Teck Resources ( TECK ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 42.88, Change: -1.01, Percent Change: -2.29

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