Market Chatter: Teck Resources to Charge Korea Zinc More on Germanium, Silver This Year

MT Newswires Live03-06 18:07

Teck Resources (TECK) has reached a deal with Korea Zinc to sell its zinc concentrates at a higher processing fee this year, while charging more on germanium and silver, Bloomberg News reported Friday, citing three people familiar with the matter.

The treatment charge that Korea Zinc will receive for smelting semi-processed ores increased to $85 per ton in 2026, the unnamed sources told the news outlet.

Teck didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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