China producers rush to deliver surplus zinc to Shanghai exchange
Producers are rushing to send 30,000-40,000 metric tons of refined zinc to warehouses registered with the Shanghai Futures Exchange ahead of November contract expiry on Friday.
The research will focus on the company's Tamarack project, which comprises an underground nickel-copper mine in central Minnesota and a battery mineral processing facility in North Dakota.
Teck can acquire up to a 70% interest in the project by spending C$15.7 million on the project and making staged cash payments totalling C$1.6 million.