Teck Resources Ltd. announced today the release of our 23rd annual Sustainability Report, highlighting our performance in 2023 and progress in key areas including climate and nature. "At Teck, we are committed to responsibly producing the critical minerals the world needs to create a low-carbon future," said Jonathan Price, President and CEO. "Teck is working to further strengthen our sustainability performance, including [...]
Teck Resources Ltd. today announced its unaudited fourth quarter results for 2023. "We had strong fourth quarter performance across our business, generating adjusted EBITDA1 of $1.7 billion in the quarter, returning cash to shareholders and advancing ramp-up of our QB Operations, resulting in Teck's record quarterly copper production," said Jonathan Price, President and CEO. "We are well positioned to deliver on our [...]
Teck Resources Ltd. announced today that its Board of Directors has declared an eligible dividend of $0.125 on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on March 28, 2024, to shareholders of record at the close of business on March 15, 2024. In addition to the base dividend payment, the Board has authorized management to purchase up to $500 million of Class B subordinate [...]
Teck Resources Ltd. today announced its Red Dog Operations, the largest critical mineral mine in the United States, has been awarded the Zinc Mark in recognition of environmentally and socially responsible production practices. "Zinc plays an important role in enabling a low-carbon future and our people are focused every day on responsibly producing this critical mineral that the world needs," said Jonathan Price [...]
Teck Resources Ltd. President and Chief Executive Officer Jonathan Price will be presenting at the BMO Global Metals, Mining & Critical Minerals conference on Monday, February 26, 2024 at 2:30 p.m. Eastern/11:30 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. will release its fourth quarter 2023 earnings results before market open on Thursday, February 22, 2024. A webcast to review the results will be held as follows: Date: Thursday, February 22, 2024 Time: 8:00 a.m. PT / 11:00 a.m. ET Listen-Only Webcast: here Dial In for Investor & Analyst Q&A: 416.915.3239 or 1.800.319.4610 Quote "Teck Resources", to join the call Alternate, pre-register to the call for [...]
Teck Resources Ltd. has been recognized as one of the 2024 Global 100 Most Sustainable Corporations by Corporate Knights, marking the sixth straight year Teck has been named to the list. "Teck is focused on being a responsible, trusted provider of critical minerals that are essential for a low-carbon future," said Jonathan Price, President and CEO. "Our people work hard to produce the metals and minerals used in [...]
Teck Resources Ltd. today provided select unaudited fourth quarter 2023 production and sales volumes, annual production volumes for 2023, as well as operational and capital guidance for 2024 and production guidance for 2025 to 2027. Our fourth quarter 2023 financial results are scheduled for release on February 21, 2024. 2023 Production Results The table below shows a summary of Teck's share of unaudited production and [...]
Teck Resources Ltd. today provided unaudited 2023 production volumes for Quebrada Blanca operations, an update on the QB2 project, and unaudited fourth quarter steelmaking coal sales volumes and realized prices. "We are pleased that QB is now operating near design throughput capacity with strong recoveries, positioning Teck for significantly increased copper production in 2024," said Jonathan Price, President and CEO. "We [...]
Teck Resources Ltd. , today announced the closing of the sale of a minority interest in its steelmaking coal business, Elk Valley Resources , to Nippon Steel Corporation and POSCO. NSC has acquired a 20% interest in EVR in exchange for its prior 2.5% interest in Elkview Operations plus US$1.3 billion in cash paid at closing to Teck and US$0.4 billion paid subsequently to Teck out of cash flows from EVR. POSCO has [...]
Teck Resources Ltd. today announced the Carbon Capture Pilot Plant at its Trail Operations in southern British Columbia is now operating and successfully capturing carbon dioxide . "This is an important milestone as we advance our understanding of the potential of carbon capture technology to reduce emissions at our operations," said Jonathan Price, President & CEO. "This project is part of Teck's ongoing work to take [...]
Teck Resources Ltd. has been informed that the Toronto Stock Exchange has accepted the notice filed by Teck to establish 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 22, 2023, and ending November 21, 2024, representing approximately 7.8% of the outstanding Class B [...]
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