Teck Resources Ltd - Company Profile
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Business Description
Teck Resources Ltd (Teck) is a diversified mining company that explores, acquires, develops and produces natural resources including coal, copper and zinc. It also produces precious metals, molybdenum, electrical power, fertilizers and other metals.
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R&D Overview
The company’s research & development (R&D) focuses on advancing the proprietary CESL hydrometallurgical technology, developing and implementing process and environmental technology for operational improvements, including the saturated rock fill project. In FY2022, the company spent CAD157 million on R&D, which accounted for 1% of the company’s revenue and increased 21.7% YoY.
Business Segments
Overview
Includes operations of copper development projects in North and South America. Mining assets include Highland Valley copper mine in British Columbia, Canada; the Quebrada Blanca copper mine and Carmen de Andacollo copper mine in Chile. Also, owns interests in Antamina mine in Peru. Produces copper concentrates and cathode.
Performance
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Overview
Includes steelmaking coal operations in Western Canada. Delivers eastbound coal to customers in North America through Canadian Pacific Railway (CP Rail) and remaining eastbound coal deliveries are shipped through the BNSF Railway. Delivers steelmaking coal between Neptune and Kamloops, and other west coast ports, including Ridley Terminals Inc through Canadian National Rail (CN Rail). Mining assets include Elkview, Fording River, Greenhills and Line Creek in Elk Valley of British Columbia. Markets its products in Asia-Pacific, Europe and the Americas.
Performance
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Overview
Produces refined zinc and zinc concentrates. Operates Red Dog mine in Alaska, the US; metallurgical complex in Trail, British Columbia, Canada; and Antamina copper mine in northern Peru. Owns and operates smelting and refining facilities in Canada.
Performance
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Overview
Comprises interests in the developing Fort Hills project, Frontier oil sands project, and various other oil sands leases in Alberta. Produces bitumen and sells it to refinery operators in Ontario, Alberta, the US Midwest and the US Gulf Coast. Transports bitumen through major export pipelines.
Performance
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Performance
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Geographical Segments
- Belgium
- Canada
- China
- Finland
- Germany
- India
- Japan
- Latin America
- Other Asia
- Other Europe
- Slovakia
- South Korea
- Spain
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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