Teck Resources

Teck Resources Limited is a resource company, which engages in mining and development of mineral properties. It organized into business units focused on steelmaking coal, copper, zinc, and energy. The firm also offers lead, silver, molybdenum and various specialty and other metals, chemicals and fertilizers. It focuses on its project operations located in Canada, Peru, Chile, and U.S. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

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Teck Resources reports robust Q2 earnings post coal business sale

Teck Resources delivered strong financial performance in Q2 2024, driven by copper production and strategic divestment of the coal business. While facing short-term challenges in production guidance, the company's focus on growth projects and shareholder returns highlights a promising future outlook.

Teck Resources excels in energy transition metals, faces QB challenges

Teck Resources showcased strong operational performance, financial discipline, and commitment to sustainability in the Q3 earnings call. Despite challenges in QB operations, the company's strategic focus on safety and value-driven initiatives positions it well for future growth.

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Teck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources. Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, U.S., and Chile. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

Anglo American Platinum Ltd

Sibanye Stillwater

Bank of America delivered a contrarian statement on Wednesday, saying it anticipates stocks to outperform bonds in the coming quarters. Moreover, the bank says it prefers cyclical assets over defensive ones, with financial, basic materials and energy stocks at the core of the banking giant's watchlist.

3 Stocks to Consider as Bank of America Turns Bullish on Basic Materials

(Kitco News) - Teck Resources (TSX: TECK.A and TECK.B) (NYSE: TECK) today reported profit from continuing operations attributable to shareholders of C$510 million ($0.98 per share) in Q2 2023, compared to a profit of C$1,582 million in Q2 2022 ($2.95 per share).

Teck says its Q2 2023 profit declined due to lower commodity prices

Teck Resources Ltd (TECK) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $2.55 per share a year ago.

Teck Resources Ltd (TECK) Misses Q2 Earnings and Revenue Estimates

VANCOUVER, British Columbia, July 27, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited second quarter results for 2023. “We were deeply saddened to report an employee fatality in the second quarter at our Quebrada Blanca Operations.

Teck Reports Unaudited Second Quarter Results for 2023

Teck Resources Ltd (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Teck Resources Ltd (TECK) Q2 Earnings Expected to Decline

Teck Resources (TECK) receives funding support from CleanBC for the CCUS pilot project.

Teck Resources (TECK) Receives Grant Worth $10M From CleanBC

TRAIL, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Teck Trail Operations has announced that it has received $10 million in funding support from the Government of B.C.'s CleanBC Industry Fund to progress the advancement of its Carbon Capture Utilization and Storage (CCUS) pilot project.

Teck Announces CleanBC Funding for Trail Operations Carbon Capture Utilization and Storage Pilot

Teck Resources' (TECK) second-quarter 2023 steelmaking coal sales dip year over year but came within the company's guidance.

Teck Resources (TECK) Q2 Steelmaking Coal Sales Down Y/Y

VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its second quarter 2023 earnings results before market open on Thursday, July 27, 2023.

Teck to Release Second Quarter 2023 Results on July 27, 2023

Teck Resources has significantly outperformed the S&P 500 and most commodity companies in the past year. The mining company has a strong competitive advantage in copper production due to its deep project pipeline. The ongoing energy transition is boosting the demand for copper and zinc, which present significant tailwinds for the company.

Teck Resources: Well-Positioned To Ride Copper Tailwinds

VANCOUVER, British Columbia, June 29, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a $2.5 million contribution to help build a new wildlife overpass in the East Kootenay. The B.C. Ministry of Transportation and Infrastructure overpass project located south of Radium Hot Springs will reduce vehicle strikes with bighorn sheep, making that stretch of Highway 93/95 safer for residents and other highway users while protecting the iconic bighorn sheep herd.

Teck Announces $2.5 million for Wildlife Overpass to Keep Bighorn Sheep Safe

VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been named as one of Corporate Knights' 2023 Best 50 Corporate Citizens in Canada. This marks the 17th consecutive year Teck has been named as one of the Best 50 companies by Corporate Knights.

Teck Named to 2023 Best 50 Corporate Citizens in Canada

VANCOUVER, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Teck's Trail Operations has been awarded the Zinc Mark.

Trail Operations is First Smelting & Refining Facility Globally to Achieve Zinc Mark Verification

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following Vice President appointments.

Teck Announces Vice President Appointments

Glencore PLC

Teck Resources Limited (NYSE: TECK) is trading slightly down today after Glencore PLC (LON: GLEN) revealed interest in buying its steelmaking coal business. Glencore failed to fully acquire Teck Resources Remember that the world's most profitable mining company has already made two failed attempts to fully acquire Teck Resources.

Glencore makes an alternative bid for Teck Resources' coal assets

Glencore PLC (LSE:GLEN) confirmed that it has offered to buy Teck Resources Ltd (TSX:TECK.B)' steelmaking coal business (EVR) for cash in a departure from the commodities giant's previous proposal for a full-blown merger with Canada's biggest miner. The move is the latest salvo in the commodity giant's battle for Teck, which has so far met with resistance from the company's management.

Glencore steps up battle with cash offer for Teck Resources' steelmaking coal business

Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.

Glencore Offers to Buy Teck Resources' Coal Assets. It's the Deal That Won't Go Away.

Glencore PLC (LSE:GLEN) has made an alternative pitch to win over Teck Resources, offering to buy its steelmaking coal business. The FTSE 100-listed miner, which has already expressed in buying the whole of Teck, said under the new plan it would buy Teck's steelmaking coal business and then demerge the business unit together with its own energy coal assets 1-2 years after the deal closed.

Glencore makes alternative pitch to win over Teck

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today commented on its previously announced engagement with several parties that have submitted unsolicited indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business.

Teck Confirms Glencore's is One of a Number of Proposals Under Consideration Related to Steelmaking Coal Business

The commodities giant is willing to buy Teck's unit as an alternative to a full merger.

Glencore Approaches Teck Over Its Coal Business

Teck Resources (TECK) indicates that it has received indications of interest for deals for its coal assets.

Teck Resources (TECK) in Talks With Parties for Coal Business

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a CAD$10 million donation to the Chilean Nature Fund (“FNC”) to support Chile's Protected Marine Areas program and protection of a critical global biodiversity area.

Teck Donates $10-million to Chilean Nature Fund to Support Chile's Protected Marine Areas Program and Juan Fernández Archipelago

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today confirmed that it has received a number of inbound indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business.

Teck Engaging with Multiple Counterparties Regarding Interest in its Steelmaking Coal Business

Two catalysts for Teck Resources Limited: underlying business growth in servicing the energy transition and potential acquisition of Teck Metals (copper business). Management's focus on unlocking shareholder value for Teck's copper business.

Teck Resources: 2 Catalysts Happening (Rating Upgrade)

VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following executive and vice president appointments:

News for Teck Resources Stock (TECK)