Teck Resources Limited is evaluating options to expand its production of germanium, a strategic metal essential for chipmaking. This initiative aligns with growing global efforts to diversify supplies of critical minerals needed for the technology and defense sectors.
Doug Brown, Teck's VP Communications & Government Affairs, confirmed that the company is engaged in discussions with governments, including Canada and the United States, regarding potential funding to increase germanium production capacity. This indicates a collaborative approach to securing vital mineral resources.
The move comes as geopolitical tensions and trade barriers complicate access to materials predominantly produced or refined in China. Teck's potential expansion in germanium production could bolster North American supply chains and reduce reliance on external sources for this critical metal.
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