Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 3300 Bentall 5, 550 Burrard Street 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 | Karla L. Mills Executive Vice President, Chief Project Development Officer | Crystal J. Prystai Chief Financial Officer, Executive Vice President |
Robin B. Sheremeta President - Coal Business Unit | Shehzad Bharmal Chief Operating Officer, Executive Vice President | Dean C. Winsor Chief People Officer, Executive Vice President |
Ian K. Anderson Executive Vice President, Chief Commercial Officer | Lyndon Paul Arnall Executive Vice President, Chief Legal and Sustainability Officer | C. Jeffery Hanman Executive Vice President, Chief Strategy Officer | Nicholas Peter Mayl Hooper Executive Vice President, Chief Corporate Development Officer |
Business Overview |
Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company's operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. 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 nine months ended 30 September 2024, Teck Resources Ltd revenues decreased 32% to C$6.28B. Net loss before extraordinary items totaled C$1.19B vs. income of C$1.62B. Revenues reflect Zinc segment decrease of 39% to C$1.44B, Copper segment decrease of 38% to C$1.42B, Copper Production- Querbrada Blanca decrease from 5K to 0K metric tons. Net loss reflects Zinc segment loss totaling C$762M vs. income of C$319M. |
Employees: | 12,600 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $41,303M as of Sep 30, 2024 |
Annual revenue (TTM): | $14,827M as of Sep 30, 2024 |
EBITDA (TTM): | $5,578M as of Sep 30, 2024 |
Net annual income (TTM): | $436.00M as of Sep 30, 2024 |
Free cash flow (TTM): | -$1,291M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $2,167M as of Sep 30, 2024 |
Shares outstanding: | 510,697,444 as of Nov 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |