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The Earth — Raw Materials & Substrates · AI Chain

TECK

Teck Resources
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Canadian germanium recovery from zinc

What they do

Major Canadian miner that recovers germanium (used in fiber optics and infrared sensors) as a byproduct of zinc smelting . China controls 60% of germanium supply. If Chinese export controls re-impose on Nov 27, 2026, Teck's tiny germanium output becomes strategically priceless. Most of revenue is base metals though — germanium is rounding-error revenue. Move requires the China event.