Teck Resources

Teck Resources Limited, known as Teck Cominco until late 2008, is a diversified natural resources company headquartered in Vancouver, British Columbia, that is engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. Secondary products include lead, silver, gold, molybdenum, germanium, indium and cadmium. Teck Resources was formed from the amalgamation of Teck and Cominco in 2001.

Teck Resources Limited
Company typePublic
NYSE: TECK
TSX: TECK.A, TECK.B
S&P/TSX 60 component
IndustryMetals and Mining
Founded1906 (1906) as Consolidated Mining and Smelting Company of Canada
Headquarters,
Canada
Key people
  • Norman B. Keevil, Chair
  • Jonathan H. Price, CEO
  • Harry “Red” M. Conger, President, COO
ProductsCoal, Zinc, Copper
Revenue
  • C$12.6 billion (2018)
  • C$3.11 billion (2018)
Total assets
  • C$39.6 billion (2018)
Total equity
  • C$23.0 billion (2018)
Number of employees
10,700 (2018)
Divisions
  • Teck Metals Ltd. (Vancouver)
  • Teck Cominco Peru S.A. (Lima)
  • Minera Torre de Oro, S.A. de C.V. (Mexico)
Websitewww.teck.com
Footnotes / references
Teck 2018 Annual Report:10,35,41

In 2018, Teck Resources opened the C$17 billion Fort Hills oil sands project. In 2020, Teck abandoned plans for a second, larger C$20 billion open-pit petroleum-mine proposal—Frontier Mine—25 km (16 mi) south of Wood Buffalo National Park and north of Fort McMurray in northeast Alberta.

In 2020, a number of new executives were appointed to the company: Harry Conger as chief operating officer, Jonathan Price as chief financial officer, and Nicholas Hooper as senior vice president, corporate development.

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