tiprankstipranks

Taseko Mines comments on new U.S., Canadian tariffs

Taseko Mines comments on new U.S., Canadian tariffs

Taseko Mines (TGB) provides the following update with respect to the new trade tariffs announced by the US and Canadian governments this weekend. Taseko confirms that US import tariffs will have no impact on sales from its 100%-owned Gibraltar Mine. The mine produces copper and molybdenum concentrates that are sold to international metal traders and delivered to Asian markets. Offtake contracts are in place for 100% of copper concentrate production through the end of 2026, and no changes to these sales channels are expected during this period. The Company does not expect any material impact on Florence construction costs or Gibraltar Mine operating costs as a result of the new tariffs

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue