By Shane Lasley
Mining News
Red Dog generates cash for Teck, NANA
North of 60 Mining News - February 22, 2023
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Last updated 3/3/2023 at 6:23am
Alaska Industrial Development and Export Authority
Zinc concentrates produced at Red Dog during the winter are trucked to a port and stored until summer, when they are loaded on ships and delivered to global markets.
Strong zinc price, production drive increased profit for Teck; NANA gets extra boost from royalty rise.
Due to a combination of strong zinc prices and production, the Red Dog Mine in Northwest Alaska generated strong profits for Teck Resources Ltd. and revenues for NANA Corp. during 2022.
Red Dog produced 553,100 metric tons (1.22 billion pounds) of zinc during 2022, a nearly 10% increase over the...
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