Teck Resources Ltd SEC Filings

Teck Resources announced a Strategic Investment Agreement with Canada Growth Fund and the Canada Critical Minerals Accelerator to expand strategic metals production at its Trail Operations in British Columbia. The Agreement contemplates an equity-like investment by Canada Growth Fund of up to $400 million into the facility, as part of an up to $850 million potential total investment by Teck to sustain and enhance critical minerals processing capacity.

The initiative targets higher output of germanium and antimony, with potential new gallium production, and could double Trail’s existing germanium and antimony capacity. It would be the inaugural transaction under the Canada Critical Minerals Accelerator and remains subject to definitive documentation and required approvals.

Teck Resources Ltd reports that China Investment Corporation and Fullbloom Investment Corporation each beneficially own 19,616,974 Class B Subordinate Voting Shares, representing 4.1% of that class. The filing lists shared voting and dispositive power of 19,616,974 shares for each reporting person.

Teck Resources Limited reported the voting results from its Annual Meeting of Shareholders held on April 23, 2026. A total of 6,303,816 Class A common shares and 344,445,094 Class B subordinate voting shares were voted, representing 78.53% of the votes attached to all outstanding shares.

All nominated directors received strong shareholder support, with votes in favour ranging from 97.68% to 99.04%. Detailed voting results and additional information on directors, corporate governance, and executive compensation are available in Teck’s management information circular and related reports on SEDAR+, EDGAR, and Teck’s website.

Teck Resources Limited reported a very strong start to 2026, with Q1 revenue of $3,943 million, up from $2,290 million a year earlier, driven by record quarterly copper sales and higher commodity prices.

Gross profit rose to $1,715 million from $536 million, while adjusted EBITDA reached $2,088 million versus $927 million. Profit attributable to shareholders increased to $819 million, or $1.67 per share, and adjusted profit was $858 million, or $1.75 per share.

The copper segment generated gross profit of $1,356 million on production of 140,000 tonnes, supported by a realized copper price of $5.78 per pound and strong performance at Quebrada Blanca and Highland Valley Copper. The zinc segment gross profit grew to $359 million, led by improved Trail Operations results and higher by-product revenues.

Teck ended the quarter in a net cash position of $488 million and affirmed 2026 guidance, including copper production of 455–530 thousand tonnes and net cash unit cost guidance of $1.85–$2.20 per pound. The company continues to advance its merger of equals with Anglo American and major growth projects such as HVC MLE and Red Dog MLE.

Teck Resources Limited announced that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares. The dividend will be paid on June 30, 2026 to shareholders of record at the close of business on June 15, 2026.

Teck Resources Limited plans an April 23, 2026 annual meeting, where shareholders will receive 2025 financial statements, elect 11 directors, re-appoint PricewaterhouseCoopers LLP as auditor, and vote on a non-binding say-on-pay resolution. Recent say-on-pay support has been strong, with 98.46% of overall votes in favour in 2025.

The circular highlights a proposed merger of equals with Anglo American plc to form Anglo Teck plc, expected to be among the world’s top five copper producers with more than 70% exposure to copper. In 2025, Teck returned $1.3 billion to shareholders through more than $1.0 billion in share buybacks and $246 million in dividends, while advancing copper growth and maintaining a strong balance sheet.

Teck Resources Limited has released its 25th annual Sustainability Report covering the period January 1–December 31, 2025, outlining performance in communities, Indigenous Peoples, health and safety, diversity and climate.

The report follows Global Reporting Initiative Standards and the Mining and Metals Sector Standard, and is aligned with SASB, ICMM Mining Principles and the Mining Association of Canada’s Towards Sustainable Mining protocols. Teck links its sustainability work to responsibly supplying minerals for economic development and the energy transition, and notes it is advancing its proposed merger with Anglo American plc while emphasizing safe operations, community support and long-term value creation.

Teck Resources reported much stronger unaudited Q4 2025 results, helped by higher copper prices and solid operating performance. Revenue rose to $3,058 million from $2,786 million, while gross profit nearly doubled to $990 million.

Adjusted EBITDA grew to $1,513 million from $835 million, and profit from continuing operations attributable to shareholders increased to $544 million, or $1.11 per share, with adjusted earnings of $671 million, or $1.37 per share. Copper segment gross profit before depreciation and amortization climbed to $1,079 million, supported by an average copper price of US$5.03 per pound.

Teck ended 2025 in a net cash position, generating $1.3 billion of operating cash flow in Q4 and reporting liquidity of $9.3 billion as of February 18, 2026, including $5.2 billion of cash. The proposed merger of equals with Anglo American advanced, with shareholders voting overwhelmingly in favour and key Investment Canada Act approval obtained. 2026 guidance calls for copper production of 455–530 thousand tonnes and copper net cash unit costs of US$1.85–US$2.20 per pound.