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Teck is Canada’s largest diversified resource company, committed to responsible mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

Business Overview

Teck is a diversified resource company committed to responsible mining and mineral development.

  • Headquartered in Vancouver, Canada
  • Significant copper producer in the Americas
  • One of the world’s largest producers of mined zinc, and operate one of the world’s largest fully integrated zinc and lead smelting and refining facilities
  • Second largest seaborne exporter of steelmaking coal
  • Have an interest in a large producing oil sands mining and processing operation in Alberta, as well as oil sands development assets

We have operations throughout the Americas and offices and exploration properties globally.

  • Own or have interests in 12 mines in Canada, the USA, Chile and Peru
  • One metallurgical complex in Canada
  • An oil sands mining and processing operation
  • Several major development projects in Canada, the United States, Chile and Peru
  • Expertise in exploration, development, mining, smelting, refining, safety, environmental protection, materials stewardship, recycling and research

Reserves and Resources Five-Year Production Record

Our Corporate Strategy

World class, long-life assets: Our strategy is to focus on long-life assets that will be cash flow positive through all phases of the commodity price cycle to deliver superior returns over multiple cycles. We do this by exploring for, acquiring, developing, and operating world class, long life assets in stable jurisdictions.

Balance sheet strength: We maintain sufficient liquidity and access to capital on competitive terms. We do this by maintaining good relationships with banks and debt capital markets disciplined capital allocation, and having sufficient committed credit available to act on opportunities to sustain and grow our business, regardless of market conditions.

Nimble response to opportunity: We seek opportunities to enhance our portfolio of world class, long-life assets. We do this by ensuring that we are appropriately positioned and resourced to recognize, analyze and act on internal and external opportunities.

Operating and commercial excellence: We maximize value from our existing operations and activities. We do this by being disciplined in our approach to safety, productivity and controlling costs.

Sustainability leadership: We focus on making the environment and communities better off as a result of our activities so that we are a welcome neighbour in the areas where we operate. We do this by integrating social, economic and environmental performance into every decision we make.

Best people: We recruit, retain and develop talented people. We do this by engaging, training and developing our people to ensure a safe, diverse, rewarding and respectful work environment.


Financial Reports

$11.9 billion 

in revenue in 2019.

$339 million 

adjusted profit attributable to shareholders in 20191

 

$3.5 billion 

operational cash flow in 2019.

$5.8 billion 

liquidity as at February 20, 2020.2

 

2. Includes $532 million cash of which $270 million is for development of QB2. Source: Q4 2019 News Release

Download 2018 Annual Report arrow_right PDF [2.58 MB] Q4 2019 Financial Report

Presentations & Webcasts

February 24, 2020 

BMO Capital Markets 29th Annual Global Metals & Mining Conference  

February 21, 2020 

Teck’s Q4 2019 Financial Results and Investors’ Conference Call  

January 29, 2020 

CIBC Western Institutional Investor Conference 
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Our Leadership Banner

Our Leadership

Our leadership team is committed to delivering shareholder value, through the depth and breadth of its collective experience, combined with commitment to our values.

Board of Directors Leadership

Our History

Our History
Learn more about our unique history

Investor Relations

Toll-free in Canada and the U.S.: 1.877.759.6226
Outside Canada and the U.S.: 604.699.4257
f: 604.699.4718
investors@teck.com

For non-shareholders requesting Annual or Quarterly Reports, please use the Order Publications Form.

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Teck

Teck is a diversified resource company committed to responsible mining and mineral development with business units focused on copper, zinc, steelmaking coal and energy.