Teck Resources Q2 profit falls to $363M due to lower coal prices and reduced Elk Valley ownership.

Teck Resources Q2 profit falls due to lower steelmaking coal prices and reduced ownership in Elk Valley Resources. Vancouver-based mining company reports a profit attributable to shareholders of $363 million (70 cents per diluted share) for Q2, down from $510 million (98 cents per diluted share) in Q2 last year. Revenue increased to $3.87 billion from $3.52 billion in Q2 2023.

July 24, 2024
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