Teck Resources reported a Q4 profit rise to $483m, driven by increased steelmaking coal sales and record copper production.

Teck Resources reported a Q4 profit rise, attributable to shareholders, of $483m or 92 cents per diluted share compared to $266m or 51 cents per diluted share a year earlier. The Vancouver-based mining company saw an increase in steelmaking coal sales and a record amount of copper production during this period. Revenue for the quarter ended Dec. 31 totaled $4.11bn, up from $3.14bn in the previous year.

February 21, 2024
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