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TECK.B Teck Resources Limited

70.30
-0.40 (-0.57%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Teck Resources Limited TSX:TECK.B Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.57% 70.30 70.12 70.40 71.02 69.92 70.70 612,468 21:14:58

Teck Provides Steelmaking Coal Sales and Pricing Update

08/07/2022 12:00am

GlobeNewswire Inc.


Teck Resources (TSX:TECK.B)
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From May 2022 to May 2024

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Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided unaudited second quarter 2022 steelmaking coal sales volumes and realized prices.

Our realized second quarter steelmaking coal sales were 6.3 million tonnes, within our previously announced guidance of 6.3 – 6.7 million tonnes. Record steelmaking coal FOB prices resulted in an increase in our average realized steelmaking coal price in the second quarter to US$453 per tonne. We expect to record provisional pricing adjustments of negative $73 million in the quarter due to the decline in coal prices at quarter end.

Our second quarter 2022 financial results are scheduled for release on July 27, 2022.

About TeckAs one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Teck Media ContactChris StannellPublic Relations Manager604.699.4368chris.stannell@teck.com

Teck Investor Contact:Fraser PhillipsSenior Vice President, Investor Relations & Strategic Analysis604.699.4621fraser.phillips@teck.com

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