Teck Resources Ltd Class B (Sub Voting)

TECK.B: XTSE (CAN)
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Teck Shares Driven by the Booming Copper Price and Its Upcoming Merger With Anglo American

Business Strategy and Outlook

China plays a defining role for Teck Resources as the biggest buyer of everything the company digs out of the ground: copper, zinc, and lead. With the exception of lead, demand for these commodities is tied to fixed-asset investment. We expect a rebalancing of China's economy from investment to household consumption will mean weaker demand growth for investment-oriented commodities and lower prices.

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