Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TECK | TCKRF | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company’s operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teck’s existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

TSX:TECK.A - Post by User

Teck Resources Ord Shs Class A

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Post by dollardazeon Feb 23, 2007 11:04am

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Post# 12296926

LME Base Metal Charts (Jan ‘06 - Present)

The following charts are made from data compiled at the London Metal Exchange. Recent increase in stock levels for copper and zinc have softened spot prices. The price increases for nickel, tin and lead reflect that their stock levels are still under pressure.

Zinc metal stocks have levelled off compared to 2006 precipitous drop due to two reasons:

1) The world's biggest zinc mine, Teck Cominco's Red Dog in Alaska, had some delays in shipments in 2006 Q3 due to weather conditions. About 50,000 tonnes of zinc in concentrate that was expected to be shipped in Q3 2006 were delayed to Q4 2006 and Q1 2007 with 25,000 tonnes each.

2) There was a surge in zinc exports from China ahead of a December 14, 2006 deadline for the ending of 5% export tax rebates.

LME Copper Stocks and Price 2006-7