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Teck Resources Ord Shs Class A T.TECK.A

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

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. 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

Comment by dalerules88on Apr 02, 2020 3:13pm
138 Views
Post# 30873242

RE:coking coal starts to falter recently

RE:coking coal starts to falter recentlycoke prices are down about 1-2%, depending on grade, and still ranging from $128-150/T;
with Teck last quarter hard cost $65, prices would still have to go a long way down before Teck stops wringing positive cash flow out of it. And since Teck is one of the most efficient producers, others would get into trouble long before Teck does. If only one or two major producers were left standing in some sort of an apocalyptic breakdown, Teck would still be one of the two standing, I bet.

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