Teck Resources (TECK) upgraded from Hold to Strong Buy, driven by surging copper prices and the transformative Anglo American merger. TECK's operating cost issues are addressed by $800 million annual synergies and scale from the Anglo Teck merger, creating a top-five global copper producer. Record copper prices, structural supply deficits, and AI/data center demand position TECK for outsized free cash flow and sector leadership.
USAR ramps up its Stillwater magnet facility with fresh capital, while TECK pushes a copper-led merger despite near-term production issues.
TECK secures court approval for its Anglo American merger, bringing the deal a step closer as remaining regulatory clearances are awaited.
Teck Resources Limited (TECK.B:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Teck Resources Limited ( TECK.B:CA ) Discusses QB Operations Site Visit and Update With Focus on Value Creation and Progress November 3, 2025 10:55 AM EST Company Participants Emma Chapman - Vice President of Investor Relations Jonathan Price - President, CEO & Director Dale Webb - Senior Vice President of Operations - Latin America, Crystal Prystai - Executive VP & CFO Ian Anderson - Executive VP & Chief Commercial Officer Conference Call Participants Dalton Baretto - Canaccord Genuity Corp., Research Division Carlos de Alba - Morgan Stanley, Research Division Orest Wowkodaw - Scotiabank Global Banking and Markets, Research Division Anita Soni - CIBC Capital Markets, Research Division Liam Fitzpatrick - Deutsche Bank AG, Research Division Myles Allsop - UBS Investment Bank, Research Division Ralph Profiti - Stifel Nicolaus Canada Inc., Research Division Alexander Hacking - Citigroup Inc., Research Division Craig Hutchison - TD Cowen, Research Division Richard Hatch - Joh. Berenberg, Gossler & Co. KG, Research Division Daniel McConvey - Rossport Investments LLC Brian MacArthur - Raymond James Ltd.
Teck Resources Limited (TSX:TECK.B:CA ) Q3 2025 Earnings Call October 22, 2025 11:00 AM EDT Company Participants Emma Chapman - Vice President of Investor Relations Jonathan Price - President, CEO & Director Crystal Prystai - Executive VP & CFO Dale Webb - Senior Vice President of Operations - Latin America, Conference Call Participants Liam Fitzpatrick - Deutsche Bank AG, Research Division Myles Allsop - UBS Investment Bank, Research Division Anita Soni - CIBC Capital Markets, Research Division Lawson Winder - BofA Securities, Research Division Christopher LaFemina - Jefferies LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to Teck's Third Quarter 2025 Earnings Release Conference Call.
Teck Resources Ltd (TSX:TECK.B) reported rising revenues driven by higher copper and zinc prices and a profit for the third quarter, compared to a loss for the same period last year. The company's profit was C$281 million or C$0.57 per share, compared to a loss of C$748 million or loss per share of C$1.45 in Q3 2024.
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.44 per share a year ago.
Higher base-metal prices and significantly lower copper smelting charges offset a drop in copper production.
Teck Resources (TECK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Teck Resources lowers output forecasts across major mines following an operational review, highlighting TMF and grade challenges.
Teck Resources Limited (TSX:TECK.B:CA ) Q4 2025 Guidance Call October 8, 2025 8:00 AM EDT Company Participants Emma Chapman - Vice President of Investor Relations Jonathan Price - President, CEO & Director Dale Webb Crystal Prystai - Executive VP & CFO Brock Gill Conference Call Participants Orest Wowkodaw - Scotiabank Global Banking and Markets, Research Division Liam Fitzpatrick - Deutsche Bank AG, Research Division William Peterson - JPMorgan Chase & Co, Research Division Anita Soni - CIBC Capital Markets, Research Division Presentation Emma Chapman Vice President of Investor Relations Good morning, everyone, and thank you for joining us at short notice. Today's call contains forward-looking statements.