Teck Resources Ltd. announced today that its Board of Directors has approved an amended dividend policy, declared a dividend and authorized the repurchase of up to $100 million of Class B subordinate voting shares in 2022. Under the new dividend policy, the annual base dividend has been increased from $0.20 per share to $0.50 per share. In accordance with the new dividend policy and Teck's Capital Allocation Framework [...]
Teck Resources Ltd. announced today that three additional independent directors have been appointed to the Board. Mr. Masaru Tani was appointed effective December 17, 2021 and Mr. Paul Schiodtz and Ms. Sarah Strunk have been appointed effective February 23, 2022. Masaru Tani has held various positions with Sumitomo Metal Mining Co., Ltd. since 1984 and is currently Qualified Executive of Sumitomo Metal Mining Co., Ltd and [...]
Teck Resources Ltd. and MEDATech today announced the pilot of a fully electric on-highway transport truck to haul copper concentrate, marking the first use of a battery-electric truck to haul copper concentrate worldwide. The truck will travel between Teck's Highland Valley Copper Operations in south-central British Columbia and a rail loading facility in Ashcroft, B.C. This pilot of the MEDATech ALTDRIVE-powered [...]
Teck Resources Ltd. , the Official Mining, Metals and Minerals Partner of the Canadian Olympic Committee, in partnership with the Canadian Olympic and Paralympic Sport Institute Network, announced plans to outfit high-performance Team Canada training facilities with antimicrobial copper on high-touch surfaces to help protect athletes. Copper is the only solid metal touch surface registered by Health Canada and the U.S [...]
Teck Resources Ltd. will release its fourth quarter 2021 earnings results on Thursday, February 24, 2022 before market open. The company will hold an investor conference call to discuss the fourth quarter 2021 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, February 24, 2022. The conference call dial-in is 416.340.2217 or toll free 800.806.5484, quote 7131382 if requested. Media are [...]
Teck Resources Ltd. today provided select unaudited fourth quarter and 2021 sales and production results in light of the impacts of recent logistics disruptions in British Columbia, Canada, as well as an update on the ongoing impact of COVID-19 across the business, and commentary regarding the outlook for 2022. Strong steelmaking coal pricing and increased sales should result in strong cash flow in H1 2022 Demand for our [...]
Teck Resources Ltd. has been named to the 2022 Bloomberg Gender-Equality Index for the fifth straight year. "We know that a more diverse and engaged workforce unlocks a wealth of ideas, skills and perspectives that make us a better company," said Don Lindsay, President and CEO. "We are proud to once again be included on the Bloomberg Gender-Equality Index and we remain focused on supporting gender equality and fostering [...]
Teck Resources Ltd. today announced an agreement with Caterpillar Inc. to work towards deploying 30 of Caterpillar's zero-emissions large haul trucks at Teck mining operations. Decarbonizing Teck's vehicle fleet represents a significant reduction in Scope 1 emissions as Teck works towards its goals to reduce the carbon intensity of its operations by 33% by 2030 and be a carbon-neutral operator by 2050. "Teck is already [...]
Teck Resources Ltd. President and Chief Executive Officer Don Lindsay will be participating in a fireside chat at the TD Securities Mining Conference on Thursday, January 27, 2022 at 11:10 a.m. Eastern/8:10 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units. The presentation will be webcast through the following [...]
Teck Resources Ltd. has been named to the Forbes Canada's Best Employers 2022 list for the second straight year. "Our success is driven by our people, and we are committed to providing a workplace that supports their growth and development and fosters diversity and engagement," said Don Lindsay, President and CEO. "We are honoured to be one of Canada's Best Employers for the second year in a row as we work to deliver [...]
Teck Resources Ltd. announced today that members of United Steelworkers Local 7619, representing 1,048 workers at Teck's Highland Valley Copper Operations in B.C., have ratified a new five-year collective agreement, replacing one that expired on September 30, 2021. "We are pleased to have reached a collective agreement that is fair to employees and supports the long-term success of Highland Valley Copper Operations," said [...]
Teck Resources Ltd. and DLT Labs™ today announced a pilot to use blockchain technology to trace responsibly-produced germanium from the mine to the customer, the first such use of blockchain to trace this critical mineral. Teck is North America's largest producer of germanium, a critical mineral and one of the integral elements required for digital devices and communications. It is an essential component in fiber optic [...]
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