Amid trade tensions, Teck extends lifeline to abandoned Idaho mine to expand zinc operations
- Teck Resources Limited announced a $40-million USD equity investment agreement with Bunker Hill Mining Corp. On March 6, 2025, to strengthen the North American critical minerals supply chain.
- The funding will support the final stages of Bunker Hill Mine's development in Idaho's Silver Valley, which produced over 42 million tons of ore during its 95 years of operation.
- Teck expects the integration of Bunker Hill's zinc and lead concentrate to enhance the profitability of its Trail Operations and smelter.
- The investment by Teck is subject to various closing conditions, including regulatory and stockholder approvals.
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Teck Announces Investment in Bunker Hill as part of Trail Margin Optimization
VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced an agreement with Bunker Hill Mining Corp. (“Bunker Hill”) for a US$40-million equity investment intended to enhance the North…
Teck leads $60m restructuring deal to restart Bunker Hill mine
TSX-V-listed Bunker Hill Mining on Thursday announced a capital restructuring, led by Teck Resources, to secure funding for the restart of the Bunker Hill mine in Idaho’s Silver Valley. The transaction, involving Teck, Sprott Streaming and Royalty Company and Monetary Metals, aims to bring the project into commissioning by the second half of 2025 and full production in the first half of 2026.
Teck invests $40M to restart Bunker Hill in Idaho - The Northern Miner
Teck Resources (TSX: TECK.A/TECK.B, NYSE: TECK) says it’s investing $40 million (C$57 million) in Bunker Hill Mining (TSXV: BNKR, US-OTC: BHLL) as part of a strategy to improve efficiency at... The post Teck invests $40M to restart Bunker Hill in Idaho appeared first on The Northern Miner.
#Teck Resources Strengthens Critical Minerals Supply Chain with Strategic Investment in Bunker Hill and Announces Dividend Update Amid Positive Market Indicators
Teck Resources Strengthens Critical Minerals Supply Chain with Strategic Investment in Bunker Hill and Announces Dividend Update Amid Positive Market Indicators In an era where the importance of reliable and sustainable sources of critical minerals cannot be overstated, Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) is making significant strides to enhance its operational capabilities and maintain its competitive edge. On March 6, 2…
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