Story perspectives
Teck Resources Targets Asian Zinc Market Amid U.S. Tariffs
3/5/2025
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Story summary
- Teck Resources aims to sell zinc to Asia to circumvent U.S. tariffs imposed by President Trump.
- CEO Jonathan Price revealed this strategy at the PDAC mining conference in Toronto.
- The company is securing warehousing and port facilities in Canada for exports.
- Trump's 25% tariffs on Canadian imports have affected trade dynamics.
- Teck produces 260,000 tonnes of refined zinc yearly, meeting less than one-third of U.S. demand.
