Teck Resources Limited (TECK)

The company now

Teck Resources reported third-quarter 2026 adjusted EBITDA (a measure of operating earnings before interest, taxes and depreciation) of C$2.3 billion on 28 October, up 97 percent from a year earlier 1.

Teck said the rise came mainly from higher copper and zinc prices, higher by-product revenues and lower smelter processing charges 1. Revenue was C$4.5 billion, against C$3.4 billion a year earlier 1. Adjusted profit was C$923 million, or C$1.88 per share, against C$372 million, or C$0.76 per share 1.

Copper output of 115,700 tonnes was 11 percent higher than a year before 1. Quebrada Blanca (QB), the Chilean mine in which Teck owns 60 percent, made 47,200 tonnes, down from 55,800 tonnes in the second quarter, after severe weather in August 12. Teck left its 2026 QB guidance of 200,000 to 235,000 tonnes unchanged 1.

The planned merger with Anglo American remains on track to close within the 12 to 18 months first stated, Teck said 1. MLex reported on 20 October that Anglo American still expects to finish by March 2027, with China's competition regulator yet to approve 7.

The Canadian Press reported on 26 October that workers at the Highland Valley Copper mine had begun a strike on Saturday 5. Teck said operations continue at reduced capacity, and the effect on production depends on how long the strike lasts 5.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.