Teck Charges Korea Zinc More for Silver and Germanium

A Korea Zinc smelting factory in Ulsan, South Korea.Photographer: SeongJoon Cho/Bloomberg

Canadian miner Teck Resources agreed with Korea Zinc Co. to sell its zinc concentrates at a slightly higher processing fee in 2026, while charging more on silver and germanium after a surge in prices for both metals.

The treatment charge that Korea Zinc will receive for smelting semi-processed ores known as concentrates rose to $85 a ton this year, according to three people familiar with the matter, who asked not to be identified due to the commercial sensitivity of the matter.