TECK Stock Recent News

VANCOUVER, British Columbia, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Jonathan Price will be presenting at the BMO Global Metals, Mining & Critical Minerals conference on Monday, February 26, 2024 at 2:30 p.m. Eastern/11:30 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.

Copper has been one of our favourite themes since October 2022 when we initiated our bullish view on the commodity and the Global X Copper Miners ETF. But there are even better opportunities to further enhance alpha and to capitalize on our bullish copper view fully. Teck Resources currently presents one of the most compelling investment opportunities in our view. TECK is our favourite pick mainly due to three factors: a copper demand-supply gap, compelling valuations, and share buybacks.

VANCOUVER, British Columbia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its fourth quarter 2023 earnings results before market open on Thursday, February 22, 2024.

Teck (TECK) expects capital expenditure to decline in 2024 due to decreasing spending.

Coal, of course, for Teck is now branded as “steelmaking” coal, as if that was any better or worse than other types of coal. Nevertheless, it was the brighter spot in terms of the company's 2023 guidance, which was met in neither of its other two core production areas – copper and zinc.

Teck Resources Ltd (TSX:TECK.B) said on Thursday it has completed its previously announced agreement to sell minority interests in its steelmaking coal business to Japan's Nippon Steel Corp and South Korean steelmaker Posco.  Nippon Steel purchased a 20% stake in Teck's coal business, known as Elk Valley Resources (EVR), in exchange for its prior 2.5% interest in Teck's Elkview coal operations plus US$1.7 billion in cash.

(Kitco News) - The Copper Mark is the leading assurance framework to promote responsible practices across the copper, molybdenum, nickel and zinc value chains.

Teck Resources (TECK) and Oldendorff to use Flettner Rotor to reduce CO2 emissions.

Unintended but not unexpected is one way of describing what's happening to the price of steel-making coal as governments suppress supply in the face of steady demand g

Glencore PLC (LSE:GLEN) and Teck Resources Ltd (TSX:TECK.B) are each winners in the former's strategic acquisition of Elk Valley Resources (EVR) deal, Teck's coal business, according to analysts at Jefferies. “(A) Glencore acquisition of EVR makes sense strategically and economically, and a sale of EVR should be a significant positive for Teck,” Jefferies wrote following news of the finalized deal.