FTEL:CC - InvestorNewsBreaks - First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Poised as Domestic Supplies of Tellurium Become More Critical
First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced that, according to a recent article in PV Magazine, expanded restrictions on Chinese polysilicon solar modules by the U.S. Customs and Border Patrol may result in a near total ban on modules entering the U.S. from China. According to the announcement, these restrictions will place even more pressure on domestic solar companies like First Solar, North America’s largest solar panel manufacturer that produces cadmium telluride modules rather than crystalline polysilicon. “We’re approaching a critical phase in the domestic supply chain for cadmium telluride solar panels,” said Tyrone Docherty, First Tellurium’s president and CEO. “Rapidly increasing demand, combined with import restrictions, have led First Solar to double its manufacturing capacity this year. Domestic supplies of tellurium will become even more critical.”
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About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration. Its Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration—generating revenue by exploring responsibly and leveraging diverse partnerships. First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. First Tellurium is listed on the Canadian Stock Exchange under the symbol FTEL and on the OTC under the symbol FSTTF. Further information about FTEL and its projects can be found at www.FirstTellurium.com.
NOTE TO INVESTORS: The latest news and updates relating to FSTTF are available in the company’s newsroom at https://ibn.fm/FSTTF
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