First Tellurium Set to Benefit from China’s Export Restrictions

First Tellurium Corp ( (TSE:FTEL) ) has shared an announcement.

China’s new export restrictions on tellurium and other critical metals are prompting North America to seek domestic sources, which could benefit First Tellurium Corp. The company is optimistic about its Deer Horn and Klondike properties in British Columbia, which contain several of the restricted metals. As tellurium prices rise, First Tellurium plans to expand exploration efforts. Meanwhile, they are developing a thermoelectric radiator/generator for automobiles through their subsidiary, PyroDelta Energy, with a prototype expected soon.

More about First Tellurium Corp

First Tellurium Corp is a company engaged in mineral discovery and project development, focusing on tellurium and its applications. They generate revenue through project generation and the development of tellurium-based technologies. The company is listed on the Canadian Stock Exchange and the OTC.

YTD Price Performance: 8.33%

Average Trading Volume: 76,993

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$14.91M

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