Exchange: NYSE·Updated 07:30 PM EDT
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TECK Teck Resources Ltd - Ordinary Shares - Class B

$66.88
$3.23
(4.98%)
Today
Closed $68.05
$1.17
(1.71%)
After Hours
EarningsOct 29
Mkt Cap$33.39B
Vol2.83M

About TECK

Teck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources. Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, U.S., and Chile. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.
51

Neutral Sentiment

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KryptonResearch14
$TECK China's antitrust regulator is charging a toll on the Anglo-Teck merger measured in copper, not cash. Reuters reported Friday that SAMR asked Anglo American to commit to a steady flow of copper concentrate to China as a condition for approving its 54 billion dollar combination with Teck. The backdrop: China refines up to 60 percent of the world's copper cathodes but is living through its worst concentrate shortage in decades. Refined output is set to grow at its slowest pace since at least 2000. One detail with teeth: the assurances cover volumes sold through traders. That closes the intermediary workaround for hiding where the metal goes. The ask is behavioral, not structural: no asset sale, just a guaranteed feedstock flow. If SAMR gets it, this becomes the template for every future critical-minerals megadeal. Anglo says it is making good progress. Teck declined to comment. Canada and the EU have already cleared the deal. Beijing is the last gate.
Auto_MA_T_Ka
The distance between Teck Resources' $TECK price and its best respected moving average support cluster narrows. Will price and its support meet again? We'll be watching. TECK @ $65.52 Support: 172/177/184-day SMAs @ $58.94-$59.64

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