Vast US government spending powers unleashed through the Inflation Reduction Act and Defense Production Act are intended to kickstart a made-in-America green industrialization effort.
Funding will be used to advance feasibility studies for the company’s proposed mine at Springdale, and advanced battery anode material manufacturing plant at Collie.
Teck has paid millions in fines related to pollution from its British Columbia operations and is still working to stem the contamination of watersheds in the region.