# TECK RESOURCES LTD

Summary updated: 2026-09-28T12:16:09.659012Z
Canonical: https://finbar.com/research/companies/teck-resources

## Overview

Teck Resources Ltd. is a Vancouver-based Canadian mining company focused on copper and zinc. Its portfolio includes mining operations and interests in Canada, Chile, Peru and the United States, as well as a metallurgical complex in British Columbia. Teck describes its purpose as providing essential resources while caring for people, communities and land. [1](https://app.finbar.com/go?id=P124937627)[2](https://app.finbar.com/go?id=P124937752)[3](https://app.finbar.com/go?id=P124937638)[4](https://app.finbar.com/go?id=P124937620)

Teck became focused on these metals after completing the sale of its steelmaking coal business in 2024. It reported approximately C$10.8 billion in revenue in 2025. [5](https://app.finbar.com/go?id=P72860471)[6](https://app.finbar.com/go?id=P124937961)
[1](https://app.finbar.com/go?id=P124937627)[2](https://app.finbar.com/go?id=P124937752)[3](https://app.finbar.com/go?id=P124937638)[4](https://app.finbar.com/go?id=P124937620)[5](https://app.finbar.com/go?id=P72860471)[6](https://app.finbar.com/go?id=P124937961)

## Products & services

Teck Resources sells copper, zinc and lead concentrates, as well as refined zinc, lead and silver. Its copper operations also produce molybdenum concentrate, while its zinc operations supply zinc concentrate for refining and sale. Trail Operations, an integrated zinc-and-lead smelting and refining complex, produces refined zinc and lead alongside specialty metals including germanium and indium and sulphur products. Teck also reports sales of chemicals and fertilizers, without specifying individual formulations or grades in its product disclosures. [7](https://app.finbar.com/go?id=P124938413)[8](https://app.finbar.com/go?id=P124937853)[9](https://app.finbar.com/go?id=P124938068)

Copper and zinc are Teck’s largest product categories. In its 2025 revenue breakdown, copper accounted for approximately 54% of revenue, zinc 24%, silver and lead together 13%, and other by-products 9%. [10](https://app.finbar.com/go?id=P124937959)
[7](https://app.finbar.com/go?id=P124938413)[8](https://app.finbar.com/go?id=P124937853)[9](https://app.finbar.com/go?id=P124938068)[10](https://app.finbar.com/go?id=P124937959)

## Geographic presence

Teck Resources is headquartered in Vancouver, Canada. Its operating footprint spans Canada, Chile, Peru and the United States: it operates Highland Valley Copper and the Trail zinc-and-lead smelting and refining complex in British Columbia; Quebrada Blanca and Carmen de Andacollo in Chile; and Red Dog in Alaska. It also holds a 22.5% interest in the Antamina mine in Peru. [1](https://app.finbar.com/go?id=P124937627)[2](https://app.finbar.com/go?id=P124937752)[3](https://app.finbar.com/go?id=P124937638)[8](https://app.finbar.com/go?id=P124937853)[11](https://app.finbar.com/go?id=P51122267)

Its sales reach a wider set of markets. Based on customer-designated destination ports or delivery locations, approximately 53.5% of 2025 revenue was attributed to Asia, 28.5% to the Americas and 18.0% to Europe. China was the largest individual destination, accounting for C$2.56 billion of the C$10.76 billion total; other destinations included the United States, Japan, South Korea, Canada and Germany. These sales destinations do not indicate where the products were mined or processed. [12](https://app.finbar.com/go?id=P124938622)[13](https://app.finbar.com/go?id=T14301663)
[1](https://app.finbar.com/go?id=P124937627)[2](https://app.finbar.com/go?id=P124937752)[3](https://app.finbar.com/go?id=P124937638)[8](https://app.finbar.com/go?id=P124937853)[11](https://app.finbar.com/go?id=P51122267)[12](https://app.finbar.com/go?id=P124938622)[13](https://app.finbar.com/go?id=T14301663)[13](https://app.finbar.com/go?id=T14301663)[13](https://app.finbar.com/go?id=T14301663)

## Business segments

Teck Resources reports two business segments based on their primary products: Copper and Zinc. Corporate activities are not a reportable segment. In 2025, Copper generated approximately 62% of reported revenue (C$6.62 billion), while Zinc generated approximately 38% (C$4.14 billion). These are segment shares; each segment also earns revenue from other products produced at its operations. [14](https://app.finbar.com/go?id=P124938940)[15](https://app.finbar.com/go?id=T14301662)[16](https://app.finbar.com/go?id=P124938616)

Copper comprises Quebrada Blanca and Carmen de Andacollo in Chile, Highland Valley Copper in Canada, and Teck’s interest in Antamina in Peru. Zinc comprises the Red Dog mine in Alaska and the Trail smelting and refining operations in British Columbia. The former steelmaking-coal business was sold in 2024 and is not a current reportable segment. [2](https://app.finbar.com/go?id=P124937752)[8](https://app.finbar.com/go?id=P124937853)[17](https://app.finbar.com/go?id=P124938397)
[14](https://app.finbar.com/go?id=P124938940)[15](https://app.finbar.com/go?id=T14301662)[15](https://app.finbar.com/go?id=T14301662)[15](https://app.finbar.com/go?id=T14301662)[16](https://app.finbar.com/go?id=P124938616)[2](https://app.finbar.com/go?id=P124937752)[8](https://app.finbar.com/go?id=P124937853)[17](https://app.finbar.com/go?id=P124938397)

## Company history

Teck’s roots trace to the Teck-Hughes gold discovery in Ontario’s Teck Township in 1911. In 1962, Teck-Hughes, Lamaque and Canadian Devonian Petroleums merged to form Teck Corporation. [18](https://app.finbar.com/go?id=P58306143)[19](https://app.finbar.com/go?id=P116518117)

Teck acquired a majority interest in Cominco in 2000, adding a business whose Trail smelting operations had roots dating to 1906. In October 2008, Teck acquired Fording’s assets, including its interest in the Teck Coal Partnership, substantially expanding its coal business. [20](https://app.finbar.com/go?id=P109356248)[21](https://app.finbar.com/go?id=P84391415) Teck exited that business in 2024: it sold a 23% interest in Elk Valley Resources to Nippon Steel and POSCO in January, then completed the sale of the remaining 77% to Glencore in July. [5](https://app.finbar.com/go?id=P72860471)
[18](https://app.finbar.com/go?id=P58306143)[19](https://app.finbar.com/go?id=P116518117)[20](https://app.finbar.com/go?id=P109356248)[21](https://app.finbar.com/go?id=P84391415)[5](https://app.finbar.com/go?id=P72860471)

## Sources

1. [TECK RESOURCES LTD — Full financial report (2025 Y), p4](https://app.finbar.com/go?id=P124937627)
2. [TECK RESOURCES LTD — Full financial report (2025 Y), p16](https://app.finbar.com/go?id=P124937752)
3. [TECK RESOURCES LTD — Full financial report (2025 Y), p5](https://app.finbar.com/go?id=P124937638)
4. [TECK RESOURCES LTD — Full financial report (2025 Y), p2](https://app.finbar.com/go?id=P124937620)
5. [TECK RESOURCES LTD — Full financial report (2024 Y), p29](https://app.finbar.com/go?id=P72860471)
6. [TECK RESOURCES LTD — Full financial report (2025 Y), p31](https://app.finbar.com/go?id=P124937961)
7. [TECK RESOURCES LTD — Full financial report (2025 Y), p76](https://app.finbar.com/go?id=P124938413)
8. [TECK RESOURCES LTD — Full financial report (2025 Y), p23](https://app.finbar.com/go?id=P124937853)
9. [TECK RESOURCES LTD — Full financial report (2025 Y), p40](https://app.finbar.com/go?id=P124938068)
10. [TECK RESOURCES LTD — Full financial report (2025 Y), p31](https://app.finbar.com/go?id=P124937959)
11. [TECK RESOURCES LTD — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P51122267)
12. [TECK RESOURCES LTD — Full financial report (2025 Y), p92](https://app.finbar.com/go?id=P124938622)
13. [TECK RESOURCES LTD — Full financial report (2025 Y), p92](https://app.finbar.com/go?id=T14301663)
14. [TECK RESOURCES LTD — Full financial report (2025 Y), p123](https://app.finbar.com/go?id=P124938940)
15. [TECK RESOURCES LTD — Full financial report (2025 Y), p91](https://app.finbar.com/go?id=T14301662)
16. [TECK RESOURCES LTD — Full financial report (2025 Y), p91](https://app.finbar.com/go?id=P124938616)
17. [TECK RESOURCES LTD — Full financial report (2025 Y), p75](https://app.finbar.com/go?id=P124938397)
18. [TECK RESOURCES LTD — Full financial report (2011 Y), p8](https://app.finbar.com/go?id=P58306143)
19. [TECK RESOURCES LTD — Full financial report (2011 Y), p8](https://app.finbar.com/go?id=P116518117)
20. [TECK RESOURCES LTD — Full financial report (2011 Y), p103](https://app.finbar.com/go?id=P109356248)
21. [TECK RESOURCES LTD — Full financial report (2010 Y), p23](https://app.finbar.com/go?id=P84391415)

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