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Teck Resources Ltd Cl B (TECK-B.TO)

Teck Resources Ltd Cl B (TECK-B.TO)
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Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 75%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low-carbon metals such as copper. It sold its oil sands business in early 2023 and its coal business in mid-2024. In September 2025, it agreed to merge with Anglo American.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 9,065,000 15,011,000 17,316,000 13,481,000 8,948,000
Sales Growth -39.61% -13.31% +28.45% +50.66% -25.02%
Net Income 406,000 2,409,000 3,317,000 2,868,000 -864,000
Net Income Growth -83.15% -27.37% +15.66% +431.94% -42.81%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 47,037,000 56,193,000 52,359,000 47,368,000 41,278,000
Total Assets Growth -16.29% +7.32% +10.54% +14.75% +4.90%
Total Liabilities 19,941,000 27,901,000 25,848,000 23,595,000 20,570,000
Total Liabilities Growth -28.53% +7.94% +9.55% +14.71% +19.07%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 2,790,000 4,084,000 7,983,000 4,738,000 1,563,000
Operating Cash Flow Growth -31.68% -48.84% +68.49% +203.14% -55.14%
Net Cash Flow 6,398,000 -1,142,000 313,000 975,000 -581,000
Change in Net Cash Flow +660.25% -464.86% -67.90% +267.81% +6.14%
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