Teck Resources Ltd Class B (Sub Voting)

TECK.B: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Teck Resources Earnings: Quebrada Blanca 2 Mine Production Issues Linger but Resolution Likely

Jon Mills

Jul 25, 2025

June-quarter EBITDA of CAD 720 million for Teck is modestly higher than a year ago. However, shares fell 9% on July 25, likely because of ongoing issues ramping up its Quebrada Blanca 2 mine to capacity and higher capital expenditure.

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Teck Resources Ltd Class B (Sub Voting)

Teck Resources Earnings: Quebrada Blanca 2 Mine Production Issues Linger but Resolution Likely

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