Teck Resources Ltd.

Teck Resources Ltd. reported adjusted EBITDA1 2 of $1.1 billion for the third quarter. Adjusted profit attributable to shareholders1 2 was $403 million compared with $466 million a year ago. Profit attributable to shareholders was $369 million for the third quarter of 2019 compared with $1.3 billion a year ago. “Over the past few years, we have focused our attention on maximizing production to capture margin during [...]

Teck Resources Ltd. today announced it is launching two new electric passenger buses to transport employees to and from its Fording River and Greenhills steelmaking coal operations in British Columbia’s Elk Valley region. The electric passenger buses will replace diesel buses in Teck’s passenger bus fleet as a more environmentally beneficial, cost effective and comfortable employee transport option. This [...]

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 October 28, 2019 and ending October 27, 2020, representing approximately 7.3% of the outstanding Class B [...]

Teck Resources Ltd. today announced the appointment of Ian Anderson as Vice President, Logistics and André Stark as Vice President, Marketing, with responsibility for Coal and Base Metals. As Vice President, Logistics, Mr. Anderson will be responsible for coordinating Teck’s overall logistics strategy and implementing a cost efficient supply chain. Mr. Anderson joined Teck in 2003, and since then has held [...]

Teck Resources Ltd. today announced the appointment of Réal Foley as Senior Vice President, Marketing and Logistics, effective January 1, 2020. Mr. Foley succeeds Andrew Stonkus, who will retire on December 31, 2019. “Réal’s extensive experience and proven ability make him ideally suited to develop and implement the overall marketing and logistics strategy for Teck’s base metals, coal and [...]

Teck Resources Ltd. announced today that the Teck Carmen de Andacollo Workers Union, which represents 473 workers at Teck Carmen de Andacollo Operations in Chile, has given notice that it plans to commence strike action on October 14, 2019. Operations at CdA would be suspended during a strike with the exception of essential activities required to maintain safety and the environment. In the quarter ended June 30, 2019, CdA [...]

Teck Resources Ltd. will release its third quarter 2019 earnings results on Thursday, October 24, 2019 before market open. The company will hold an investor conference call to discuss the third quarter 2019 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, October 24, 2019. The conference call dial-in is 416.340.2216 or toll free 800.273.9672, no pass code required. Media are invited to [...]

For the 10th straight year, Teck Resources Ltd. has been named to the Dow Jones Sustainability World Index , indicating that Teck’s sustainability practices are in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index . “Sustainability is an important factor in every decision we make because being socially and environmentally responsible is foundational to our success and a [...]

Teck Resources Ltd. announced today that Dominic Barton will step down from Teck’s Board of Directors, effective immediately, to assume the role of Canada’s Ambassador to China. Mr. Barton joined Teck’s Board in September 2018 and was appointed Chair of the Board on October 1, 2018. Sheila Murray, Chair of Teck’s Corporate Governance and Nominating Committee, will assume the role of acting Board [...]

Teck Resources Ltd. today released its second Climate Action and Portfolio Resilience report, outlining how Teck will continue to create shareholder value by producing products that are essential in a low-carbon future, while also taking action on climate change. The report looks at how Teck is positioned for a low-carbon economy by analyzing potential business risks and opportunities under different climate change [...]