Teck Resources to sell zinc, silver, and germanium to Korea Zinc at higher prices in 2026
Source: SeekingAlpha
2026-03-06 00:48:54 ET
- Canadian miner Teck Resources ( TECK ) has reportedly agreed with Korea Zinc Co. to sell its zinc concentrates at a slightly higher processing fee in 2026, while charging more on silver and germanium after a surge in prices for both metals.
- The treatment charge that Korea Zinc will receive for smelting semi-processed ores known as concentrates rose to $85 a ton this year, Bloomberg News reported , citing people familiar with the matter.
- Teck is one of the world's largest integrated germanium producers, a critical metal used in chipmaking. Zinc futures ( LMZSDS03:COM ) are up 4.3% so far this year, while spot silver ( XAGUSD:CUR ) has advanced 18%.
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Teck Resources to sell zinc, silver, and germanium to Korea Zinc at higher prices in 2026
Teck Resources Ltd
NASDAQ: TECK
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