Teck Resources Ord Shs Class A T.TECK.A

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

Metals & Mining Industrial Metals & Minerals

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.

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Teck Resources Ord Shs Class A > BMO Target $61 July 7, 22

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Post by seanj1on Jul 08, 2022 1:10pm

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Post# 34811383

BMO Target $61 July 7, 22

From BMO...

"Teck continues to be our base metals top pick. Despite the miss versus our and consensus expectations, we continue to like Teck for its strong free cash flows and potential to increase returns to shareholders with its upcoming Q2 earnings - potentially through an additional share buyback program. We also continue to expect that growth of copper, relative decrease in the contribution of the coal business (through flat
volumes and lower selling prices), and potential sale of the energy business are aligned with investors seeking positive ESG momentum."