Earnings ·
Teck Resources reported unaudited second quarter 2026 results with revenue of $3.6 billion, up from $2.0 billion in Q2…
TCKRFTeck Resources Ltd
Teck Resources reported unaudited second quarter 2026 results with revenue of $3.6 billion, up from $2.0 billion in Q2 2025. Adjusted EBITDA reached $2.2 billion, a 204% increase year-over-year, driven by higher copper production and commodity prices. Profit attributable to shareholders was $854 million, or $1.74 per share, compared to $206 million in the prior year period. Copper production rose 25% to 135,900 tonnes, while zinc production decreased to 124,200 tonnes. The company is progressing its merger with Anglo American plc to form Anglo Teck. Teck also signed a Strategic Investment Agreement with Canada Growth Fund Inc. to support potential production expansion of germanium, gallium, and antimony at its Trail Operations. Teck Resources is a mining company specializing in copper, zinc, and critical minerals.