Teck Resources Limited (TECK-B.TO)
Teck Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $92.00, down 0.13% on the session, giving a market capitalisation of $45.14B. Its beta of 1.58 implies it has historically moved more than the broad market.
Teck Resources Limited, a Vancouver-headquartered Canadian corporation established in 1913 (and known as Teck Cominco Limited until its 2009 rebranding), stands as a significant entity in the natural resources industry. The company's global operations involve exploring for, acquiring, developing, and producing a diverse array of resources across Asia, Europe, and North America. Its business is structured into Steelmaking Coal, Copper, Zinc, Energy, and Corporate divisions. Teck's extensive product offerings primarily feature steelmaking coal, copper, gold, blended bitumen, lead, silver, molybdenum, and zinc, alongside various zinc concentrates. Moreover, it manufactures chemicals, fertilizers, and specialized metals like indium and germanium. Beyond its core production, Teck maintains stakes in major undertakings such as the Frontier oil sands projects in Alberta's Athabasca region, and actively participates in exploration and development endeavors spanning Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States.
Teck Resources Limited is most often compared with the following Basic Materials names: