EBITDA1 was $1.4 billion; profit attributable to shareholders was $630 million; adjusted fully diluted earnings per share were $0.99 Upgraded to investment grade credit ratings by four rating agencies eliminating $1.1 billion in letter of credit requirements Liquidity remains strong at $8.7 billion Solid operating performance, no change in 2019 [...]
Teck Resources Ltd. will release its first quarter 2019 earnings results on Tuesday, April 23, 2019 before market open. The company will hold an investor conference call to discuss the first quarter 2019 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Tuesday, April 23, 2019. The conference call dial-in is 647.794.4605 or [...]
Teck Resources Ltd. , today announced the closing of the acquisition by Sumitomo Metal Mining Co. , Ltd. and Sumitomo Corporation of a 30% indirect interest in Compañia Minera Teck Quebrada Blanca S.A. , which owns the Quebrada Blanca Phase 2 project. Following closing of the transaction, Teck holds a 60% indirect interest in QBSA and [...]
Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay and members of Teck’s senior management team will be presenting in Toronto, Canada on Wednesday, April 3, 2019 at Teck’s Investor and Analyst Day from 1:00 p.m. to 4:30 p.m. Eastern/10:00 a.m. to 1:30 p.m. Pacific time and Teck’s Annual Sustainability [...]
Teck Resources Ltd. , has released its 18th annual Sustainability Report, covering the company’s performance in 2018 and progress towards its short-term sustainability goals set for 2020. “Our ability to operate in a socially and environmentally responsible way is foundational to our success as a business, and an important part of who [...]
Teck Resources Ltd. announced today that Fitch Ratings has upgraded Teck’s issuer default rating and unsecured debt and facility ratings to BBB- with a stable outlook. Moody’s Investors Service upgraded Teck’s credit rating to Baa3 with a stable outlook in January of this year. With investment grade credit ratings from those two [...]
Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the BMO Capital Markets 28th Annual Global Metals & Mining Conference on Monday, February 25, 2019 at 10:00 a.m. Eastern/7:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for [...]
Record annual revenue of $12.6 billion Record annual EBITDA1 2 of $6.2 billion Record annual profit of $3.1 billion QB2 project sanctioned for construction and US$1.2 billion partnering transaction announced Teck Resources Ltd. reported record annual profit attributable to shareholders of $3.1 billion for 2018. In the fourth quarter, adjusted [...]
Teck Resources Ltd. announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on March 29, 2019, to shareholders of record at the close of business on March 15, 2019. About Teck Teck is a diversified resource company committed to responsible mining and [...]
Teck Resources Ltd. today announced that it currently expects to report earnings and EBITDA for the fourth quarter of 2018 significantly below current consensus estimates. Teck believes that disappointing fourth quarter financial results of Teck’s Energy Business Unit and Trail Operations, as well as inventory valuations, could account for [...]
Teck Resources Ltd. today announced a partnership with the World Food Programme to fund and launch a new US$3 million pilot program aimed at improving the health, and economic opportunities of small-scale farmers in China’s Gansu Province. The program seeks to reduce zinc deficiency and improve the quality of farmers’ potato crops by [...]
Teck Resources Ltd. has been recognized as one of the 2019 Global 100 Most Sustainable Corporations by media and investment research company, Corporate Knights. Teck was the top-ranked company in the Metals and Mining category. “Teck is committed to producing the materials essential to building a better quality of life for people around the [...]
