Article

Blue Moon Metals is acquiring the Apex germanium and gallium mine in Utah from Teck Resources Limited to enhance its critical mineral projects in North America. The deal aims to integrate the supply chain for U.S. critical metals, leveraging both companies' infrastructure.

Blue Moon will issue 7 million common shares to Teck and provide a 0.5% net smelter returns royalty on the property. The acquisition supports ongoing projects at Blue Moon's mines in California, Utah, and Nevada.