Teck Resources Ltd.

Teck Resources Ltd. today announced that Environment and Climate Change Canada has issued a Direction under the Fisheries Act to Teck Coal Limited , setting out measures to be taken to improve water quality and prevent calcite deposition in the Elk Valley in waters affected by Teck’s Fording River and Greenhills operations. The measures set out in the Direction are complementary to measures already included in the Elk [...]

Teck Resources Ltd. has been informed that the Toronto Stock Exchange has accepted Teck’s notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares . Under the normal course issuer bid, Teck may purchase up to 40 million Class B Shares during the period starting November 2, 2020 and ending November 1, 2021, representing approximately 7.6% of the outstanding Class B Shares, or [...]

Teck Resources Ltd. today announced its third quarter 2020 results, and provided an update on the significant progress made to advance priority projects and reduce costs. “We made significant progress during the quarter on our priority projects, including safely ramping back up construction at our QB2 project and advancing the Neptune Bulk Terminals upgrade in line with schedule and budget. Our financial performance [...]

Teck Resources Ltd. has been named to the Forbes World’s Best Employers 2020 list, an employee-driven ranking of multinational and large companies from 45 countries that looked at topics including COVID-19 response and willingness to recommend an employer to friends and family. “Teck is proud to have an exceptional workforce of skilled, dedicated and passionate people who are committed to providing the materials necessary [...]

Teck Resources Ltd. will release its third quarter 2020 earnings results on Tuesday, October 27, 2020 before market open. The company will hold an investor conference call to discuss the third quarter 2020 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Tuesday, October 27, 2020. The conference call dial-in is 416.340.2216 or toll free 800.377.0758, quote 4338923 if requested. Media are invited to [...]

Teck Resources Ltd. today announced the following Vice President appointments. Alejandro V?squez has been appointed Vice President, South America, following the retirement of Chris Dechert. Mr. V?squez is responsible for Teck's operating assets in South America and Teck’s corporate office in Santiago. Mr. V?squez joins Teck from BHP, where he was Asset President, Pampa Norte, with responsibility for its Spence and Cerro [...]

Teck Resources Ltd. and The AES Corporation announced today that their Chilean affiliates, Compa??a Minera Teck Carmen de Andacollo S.A. and AES Gener S.A , have entered into a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile. Under the agreement, CdA will source 72 Megawatts from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric [...]

Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Morgan Stanley Virtual 8th Annual Laguna Conference on Thursday, September 17, 2020 at 11:15 a.m. Eastern/8:15 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units. The fireside chat presentation will be webcast through [...]

Teck Resources Ltd. today announced that the Partners in the Fort Hills limited partnership have decided to restart the second Fort Hills train and plan to ramp up production to approximately 120,000 barrels per day by the end of the year. Assuming ongoing production at Fort Hills on this basis we have narrowed our production guidance for the year from 100,000-120,000 barrels per day to approximately 105,000-115,000 [...]

Teck Resources Ltd. announced today it has signed a non-binding term sheet reflecting an agreement in principle with Westshore Terminals Limited Partnership on proposed terms for the shipment of steelmaking coal following expiry of the current contract on March 31, 2021. The proposed agreement will provide for the shipment of between 5 and 7 million tonnes annually at fixed loading charges. The 5 to 7 million tonne range [...]