Teck Resources Limited (TECK) is a company involved in the exploration, acquisition, development, and production of natural resources across Asia, Europe, and North America. The company operates through four primary segments: Steelmaking Coal, Copper, Zinc, and Energy. Its main products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, molybdenum, and various specialty metals, chemicals, and fertilizers. Additionally, Teck Resources Limited conducts gold exploration activities. The company was previously known as Teck Cominco Limited before changing its name to Teck Resources Limited in April 2009. Established in 1913, Teck Resources Limited is headquartered in Vancouver, Canada.
Teck’s business segments:
- Steelmaking Coal: Teck is a major global producer of metallurgical coal, which is used primarily in the production of steel. The company operates several large-scale coal mines in the Elk Valley region of British Columbia, Canada.
- Copper: Teck is involved in the mining and production of copper, an essential metal used in a wide range of applications, including electrical wiring, electronics, and industrial machinery. The company has operations in Canada, the United States, Chile, and Peru.
- Zinc: Teck is one of the world’s largest producers of zinc, a metal used primarily for galvanizing steel to protect it from corrosion. The company operates zinc mines and processing facilities in Canada, the United States, and Peru.
- Energy: Teck has interests in oil sands projects in Alberta, Canada, which produce bitumen, a heavy, viscous form of crude oil. The company is focused on advancing its energy assets in a responsible and sustainable manner, as it recognizes the need to balance energy production with environmental concerns.