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Teck Resources Ltd (USA) (N:TECK)

Business Focus: Integrated Mining

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.