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Teck Resources ( ($TSE:TECK.B) ) has provided an update.
In 2024, Teck Resources underwent a significant transformation, selling its steelmaking coal business to focus on energy transition metals like copper and zinc. The company reported strong copper production growth due to the ramp-up of the Quebrada Blanca project, while zinc production slightly decreased due to operational challenges. Teck has outlined its guidance for 2025 to 2028, highlighting continued investment in copper projects and operational efficiency improvements. The company also plans to implement a new ERP system in 2025 as part of its cost-reduction strategy.
More about Teck Resources
Teck Resources Limited is a company in the energy transition metals industry, focusing primarily on the production of copper and zinc. The company is based in Vancouver, British Columbia, and has repositioned itself as a pure-play energy transition metals business, having completed substantial divestitures in its steelmaking coal segment.
YTD Price Performance: 5.47%
Average Trading Volume: 2,642,972
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.91B
See more data about TECK.B stock on TipRanks’ Stock Analysis page.
