Teck Resources reported a 41% increase in Q4 profit to $483 million due to higher copper production and prices.
Teck Resources reported a 41% increase in Q4 profit to $483 million, up from $346 million a year earlier, driven by higher copper production and prices. The Vancouver-based mining company produced a record 103,000 tonnes of copper in the quarter, up from 65,000 tonnes a year earlier, while zinc in concentrate production reached 182,000 tonnes. The company's revenue for Q4 totaled $4.11 billion, up from $3.14 billion in Q4 2022.
February 21, 2024
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