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 steelmaking coal, 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.
In the 2020 Forbes Global 2000, Teck Resources was ranked as the 1616th -largest public company in the world.
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.
Teck Resources is responsible for 0.09% of global industrial greenhouse gas emissions from 1988 to 2015 and thus one of the largest contributors to climate change, which bears substantial “risks to health, livelihoods, food security, water supply, human security, and economic growth”.
- NYSE: TECK
- TSX: TECK.A, TECK.B
- S&P/TSX 60 component
Industry: Metals and Mining
Founded: 1906 as Consolidated Mining and Smelting Company of Canada
Headquarters: Vancouver, British Columbia, Canada
Products: Coal, Zinc, Copper
- Teck Metals Ltd. (Vancouver)
- Teck Cominco Peru S.A. (Lima)
- Minera Torre de Oro, S.A. de C.V. (Mexico)