Teck Resources Ltd. today announced Highland Valley Copper Operations has been awarded the Copper Mark. Copper Mark is a voluntary assurance framework to promote responsible production practices and demonstrate commitment to the United Nations Sustainable Development Goals. To be verified for Copper Mark, HVC was assessed and independently verified against 32 responsible production criteria including greenhouse gas [...]
Teck Resources Ltd. and the Builders Code today announced Teck has signed the Pledge For An Acceptable Worksite, an industry-leading standard from the Builders Code to support a more respectful and inclusive workplace for worksites in British Columbia. Announced on International Women's Day, Teck is the first mining company to sign on to the pledge. "We know that a diverse company is a strong company, and we are committed [...]
Teck Resources Ltd. today announced an expansion to its climate action strategy, including a new short-term goal to achieve net-zero Scope 2 greenhouse gas emissions by 2025 and an ambition to achieve net-zero Scope 3 emissions by 2050, building on the existing commitment to achieve net-zero emissions across operations by 2050. "Teck is committed to reducing emissions across our operations and throughout the value chain [...]
Teck Resources Ltd. President and Chief Executive Officer Don Lindsay will be presenting at BMO Capital Markets' 31st Annual Global Metals & Mining conference on Monday, February 28, 2022 at 2:00 p.m. Eastern/11:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units. The presentation will be webcast through the [...]
Teck Resources Ltd. today announced its unaudited annual and fourth quarter results for 2021. "We closed out 2021 by setting a number of financial performance records, including our highest-ever quarterly and annual adjusted EBITDA and adjusted profit attributable to shareholders," said Don Lindsay, President and CEO. "Teck's record-setting performance was driven by the ongoing positive commodity price environment and [...]
Teck Resources Ltd. announced today that its Board of Directors has approved an amended dividend policy, declared a dividend and authorized the repurchase of up to $100 million of Class B subordinate voting shares in 2022. Under the new dividend policy, the annual base dividend has been increased from $0.20 per share to $0.50 per share. In accordance with the new dividend policy and Teck's Capital Allocation Framework [...]
Teck Resources Ltd. announced today that three additional independent directors have been appointed to the Board. Mr. Masaru Tani was appointed effective December 17, 2021 and Mr. Paul Schiodtz and Ms. Sarah Strunk have been appointed effective February 23, 2022. Masaru Tani has held various positions with Sumitomo Metal Mining Co., Ltd. since 1984 and is currently Qualified Executive of Sumitomo Metal Mining Co., Ltd and [...]
Teck Resources Ltd. and MEDATech today announced the pilot of a fully electric on-highway transport truck to haul copper concentrate, marking the first use of a battery-electric truck to haul copper concentrate worldwide. The truck will travel between Teck's Highland Valley Copper Operations in south-central British Columbia and a rail loading facility in Ashcroft, B.C. This pilot of the MEDATech ALTDRIVE-powered [...]
Teck Resources Ltd. , the Official Mining, Metals and Minerals Partner of the Canadian Olympic Committee, in partnership with the Canadian Olympic and Paralympic Sport Institute Network, announced plans to outfit high-performance Team Canada training facilities with antimicrobial copper on high-touch surfaces to help protect athletes. Copper is the only solid metal touch surface registered by Health Canada and the U.S [...]
Teck Resources Ltd. will release its fourth quarter 2021 earnings results on Thursday, February 24, 2022 before market open. The company will hold an investor conference call to discuss the fourth quarter 2021 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, February 24, 2022. The conference call dial-in is 416.340.2217 or toll free 800.806.5484, quote 7131382 if requested. Media are [...]
Teck Resources Ltd. today provided select unaudited fourth quarter and 2021 sales and production results in light of the impacts of recent logistics disruptions in British Columbia, Canada, as well as an update on the ongoing impact of COVID-19 across the business, and commentary regarding the outlook for 2022. Strong steelmaking coal pricing and increased sales should result in strong cash flow in H1 2022 Demand for our [...]
Teck Resources Ltd. has been named to the 2022 Bloomberg Gender-Equality Index for the fifth straight year. "We know that a more diverse and engaged workforce unlocks a wealth of ideas, skills and perspectives that make us a better company," said Don Lindsay, President and CEO. "We are proud to once again be included on the Bloomberg Gender-Equality Index and we remain focused on supporting gender equality and fostering [...]