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Teck

@teck.com

Teck is a diversified resource company with business units focused on copper, steelmaking coal, zinc and energy.

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Teck Resources Limited, commonly known as Teck, is a diversified mining and mineral development company based in Canada. Established in 1913, the company has a rich history spanning over a century. Teck's headquarters are located in Vancouver, British Columbia. Teck is primarily engaged in the development, production, and exploration of natural resources such as coal, copper, zinc, and energy. The company's main products include steelmaking coal, copper concentrates, zinc concentrates, and electricity. It operates through various business units, including Teck Coal, Teck Copper, Teck Zinc, and Teck Energy. Teck Coal is one of the world's largest seaborne exporters of steelmaking coal with operations in British Columbia and Alberta. Teck Copper produces copper concentrates from its mines in Canada, Chile, and Peru while Teck Zinc produces zinc concentrates from mines in Canada, Peru, and the United States. Teck Energy operates in the oil sands sector in Alberta and provides power generation and metals refining services. On a global scale, Teck has several noteworthy subsidiaries, joint ventures, and partnerships. These include Elk Valley Coal, a partnership with Nippon Steel Corporation; Antamina, a joint venture with BHP, Mitsubishi, and others; and Fort Hills, a partnership with Suncor Energy and Total S.A. Additionally, Teck has interests in several other projects and operates globally, exporting its products to customers in Asia, Europe, and the Americas. Teck is a major player in the global mining industry and is well-positioned in the market. The company has a strong market position in steelmaking coal, copper, and zinc. In terms of global sales, Teck's revenues reached over CAD 12 billion in 2020, with a significant portion generated from exports. Throughout its history, Teck has achieved various milestones and made notable changes to its strategy. In recent years, the company has focused on sustainability and environmental stewardship, working towards reducing its carbon emissions and improving waste management practices. As of the latest updates, Teck continues to thrive in the global mining industry. The company is investing in technology and innovation to enhance its operations while remaining committed to responsible resource development. Teck's ongoing projects and partnerships underline its commitment to growth and continued success in the industry.

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