Recent Updates — TCKRF
Teck Resources reported unaudited third quarter 2026 results with adjusted profit attributable to shareholders of $923 million, or $1.88 per share, compared to $372 million in the prior year period. Reported profit was $1.59 billion, or $3.24 per share, boosted by a $667 million after-tax impairment reversal at Trail Operations and significantly higher copper prices averaging US$6.40 per pound. Adjusted EBITDA rose 97% to $2.3 billion, while cash flow from operations reached $1.6 billion. Copper production increased 11% year-over-year to 115,700 tonnes despite weather-related disruptions at Quebrada Blanca and Carmen de Andacollo. The company maintained its full-year copper production guidance but lowered unit cost estimates due to strong by-product pricing. Teck Resources Limited is a diversified mining company focused on copper, zinc, and strategic metals.
The Board of Directors declared an eligible cash dividend of $0.125 per share on outstanding Class A common shares and Class B subordinate voting shares. The payment is scheduled for December 31, 2026, to shareholders of record at the close of business on December 15, 2026. Teck Resources Limited is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition, with world-class copper and zinc operations across North and South America.
United Steelworkers (USW) Local 7619 has commenced strike action at Teck Resources Limited's Highland Valley Copper (HVC) Operations in British Columbia. The company states that operations are currently continuing at a reduced capacity, with the overall impact on production dependent on the duration of the labour action. Contingency plans have been activated to prioritize safety and environmental management during the disruption. Teck remains committed to reaching a collective agreement that is fair for employees while supporting the operation's viability. The company operates as a leading Canadian resource company focused on providing metals essential to economic development and the energy transition, with a portfolio of copper and zinc operations across North and South America.
The United Steelworkers (USW) Local 7619 has issued a strike notice against Teck Resources Limited regarding its Highland Valley Copper (HVC) Operations. The union is entitled to begin strike action as early as October 24, 2026, at 8:00 a.m. PT, following the expiration of the collective agreement on September 30, 2026. Teck states that operations continue and contingency plans are in place to maintain safety and environmental management during potential labor action. The company remains committed to reaching a fair and reasonable collective agreement. Teck is a leading Canadian resource company focused on providing metals essential to economic development and the energy transition.
Teck Resources Limited has been recognized on the Forbes World’s Top Companies for Women 2026 list, marking the second time the company has received this honor. The ranking identifies organizations highly rated by women employees and demonstrates a commitment to advancing gender equality in the workplace. This recognition is based on independent surveys of approximately 120,000 women across more than 36 countries, assessing employer brand and public perception regarding gender equality. Teck also noted it has been named one of Canada’s Top 100 Employers for nine consecutive years. Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition.