Teck Provides Steelmaking Coal Sales and Pricing Update
October 06 2022 - 5:51PM
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK)
(“Teck”) today provided unaudited third quarter 2022 steelmaking
coal sales volumes and realized prices.
Our third quarter steelmaking coal sales were 5.6 million
tonnes, within our revised guidance of 5.5 – 5.9 million
tonnes. The realized steelmaking coal price in the third
quarter averaged US$304 per tonne. We expect to report negative
provisional pricing adjustments of $191 million in the third
quarter due to the decline in steelmaking coal prices during the
quarter.
Our third quarter 2022 financial results are scheduled for
release on October 27, 2022.
About TeckAs one of Canada’s leading mining
companies, Teck is committed to responsible mining and mineral
development with major business units focused on copper, zinc, and
steelmaking coal, as well as investments in energy assets. Copper,
zinc and high-quality steelmaking coal are required for the
transition to a low-carbon world. Headquartered in Vancouver,
Canada, Teck’s shares are listed on the Toronto Stock Exchange
under the symbols TECK.A and TECK.B and the New York Stock Exchange
under the symbol TECK. Learn more about Teck
at www.teck.com or follow @TeckResources.
Teck Media ContactChris StannellPublic
Relations Manager604.699.4368chris.stannell@teck.com
Teck Investor ContactFraser PhillipsSenior Vice
President, Investor Relations & Strategic
Analysis604.699.4621fraser.phillips@teck.com
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