09:19 AM EDT, 07/08/2026 (MT Newswires) -- Teck Resources (TECK-A.TO, TECK-B.TO, TECK), Canada Growth Fund, and Natural Resources Canada's Canada Critical Minerals Accelerator signed an investment deal to support expanding production capacity for germanium, gallium, and antimony at Teck's Trail operations smelting and refining complex in British Columbia.

The company said in a statement Tuesday the agreement includes an equity-like investment by CGF of up to C$400 million directly into the facility, as part of an up to C$850 million-dollar potential total investment by Teck. The agreement also provides for the establishment of an offtake structure with the Government of Canada, including offtake rights for a portion of future germanium, antimony and gallium produced by Trail, it said.

"Collaboration with CGF and the Canada Critical Minerals Accelerator will help advance the opportunity we have to quickly and significantly increase production capacity for key strategic metals and help strengthen secure, responsible supply chains," said Teck CEO Jonathan Price.

U.S.-listed shares of Teck Resources were last seen down 3.4% at $56.39 in pre-market trading.