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 American critical minerals supply chain by securing high-quality, cost-competitive zinc and lead concentrate from Idaho’s Silver Valley to feed Teck’s Trail Operations (“Trail”). The investment is subject to various closing conditions, including completion of certain restructuring transactions and a marketed private placement by Bunker Hill and receipt of all necessary stockholder, regulatory and stock exchange approvals.