Our Purpose

To provide essential resources the world is counting on to make life better while caring for the people, communities, and land that we love.

Our Businesses

Copper
A significant copper producer in the Americas and a global leader. With QB2 as our cornerstone, we have one of the best copper production growth profiles in the industry.

Zinc
One of the largest producers of mined zinc globally. We own one of the world’s largest fully integrated zinc and lead smelting and refining facilities.

Steelmaking Coal
The world’s second largest seaborne exporter, with some of the highest-quality steelmaking coal required for the low-carbon transition.

Transformational Growth Rebalances Portfolio to Copper

QB2 at full production rebalances our portfolio to copper

Revenue by business unit “Illustrative with QB2 at full production” assumes commodity prices of US$235/t benchmark HCC, $3.75/lb Cu and $1.40/lb Zn and a US to Canadian dollar exchange rate of 1.32. Historical revenue is from company filings.

Driving long-term sustainable shareholder value through:
 

Industry leading copper growth

• QB2 doubles consolidated copper production

• Potential to add >1.5 Mt copper equivalent production

• Rebalance portfolio to low-carbon metals

Focus on execution

• High quality, low cost, asset base

• Maximize margins

• Focus on operational resilience and reliability

• Transformation through technology and innovation

Balance growth and cash returns to shareholders

• Disciplined capital allocation framework 

• Track record of significant cash returns to shareholders

• Investment grade metrics

• Approaching cash flow inflection

Sustainability leadership 

• Core to Teck and a competitive advantage

• Integrated into operations and strategy

• Among world’s lowest carbon intensities for primary products

• Committed to nature positive by 2030 and net-zero operations by 2050