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MarketBeat
MarketBeat
Jea Yu

Teck Resources: America’s Ally in Rare Earth Elements

China flexed its muscles in the tit-for-tat technology resources squabble as they banned certain rare earth mineral exports to the United States. Specifically, they banned the sale of germanium, gallium, and antimony, effective immediately on December 3, 2024. These rare earth elements are key components used for products and applications in the computer and technology, aerospace, and auto/tires/trucks sectors. While China is the largest producer of rare elements in the world, there are other providers. Teck Resources Ltd. (NYSE: TECK) is a diversified Canadian mining company focused on the production of zinc and copper with operations in North and South America and Asia.

Producing Byproducts Like Germanium for Fiber Optics and Solar Panels

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