Sector: Basic Materials | Industry: Integrated Mining |
Company Contact | |
Address: | 550 Burrard St Suite 3300 VANCOUVER BC V6C 0B3 |
Tel: | N/A |
Website: | https://www.teck.com |
IR: | See website |
Key People | ||
Jonathan Huw Price President, Chief Executive Officer, Director | Real Foley Senior Vice President | Crystal J. Prystai Senior Vice President, Chief Financial Officer |
Robin B. Sheremeta President - Coal Business Unit | Dean C. Winsor Chief Human Resource Officer, Senior Vice President | Charlene A. Ripley Senior Vice President, General Counsel |
Ian K. Anderson Senior Vice President, Chief Commercial Officer | Shehzad Bharmal Senior Vice President - Base Metals | Greg J. Brouwer Senior Vice President - Technical | Alexander N. Christopher Senior Vice President |
Business Overview |
Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company's operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teck's existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart. |
Financial Overview |
For the fiscal year ended 31 December 2023, Teck Resources Ltd (USA) revenues decreased 13% to C$15.01B. Net income before extraordinary items decreased 40% to C$2.44B. Revenues reflect Steelmaking Coal segment decrease of 18% to C$8.54B, Zinc segment decrease of 13% to C$3.05B, China segment decrease of 13% to C$4.2B, South Korea segment decrease of 23% to C$1.68B, Copper, Avg. Price per Met. Tonne, Total decrease of 6% to C$11065 per metric ton. |