08:59 AM EST, 03/06/2025 (MT Newswires) -- Teck Resources ( TECK ) said Thursday it would invest $40 million with Bunker Hill Mining to enhance the North American critical minerals supply chain by securing high-quality, cost-competitive zinc and lead concentrate from Idaho's Silver Valley to supply Teck's Trail Operations.

The company said the investment is subject to various closing conditions, including completion of certain restructuring transactions, a marketed private placement by Bunker Hill, and receipt of all necessary stockholder, regulatory, and stock exchange approvals.

The funding will support the development of the nearby Bunker Hill Mine, located 60 kilometers southeast of Coeur d'Alene, Idaho, it added.