Teck Resources Ltd
TECK · NYSE · producer · market cap $34.5B as of 24 Aug 2026
What Teck Resources Ltd's own filings say about its costs, margins and results, every figure cited.
Teck Resources Ltd share price
- Latest C1 cash cost$1.64/lbrelease
- Copper produced, attributable135,900source
- Next report20 Octprior report
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Teck Resources Ltd
Teck Resources Limited is a mining company with copper and zinc operations in Canada, the United States, Chile and elsewhere. Teck holds a 22.5% interest in the owner of the Antamina project. Red Dog Operations in Alaska are located on land owned by NANA, a Regional Alaska Native corporation. From its Trail Operations in British Columbia, Teck primarily sells zinc and lead and specialty metals such as germanium, indium and sulphur products into the United States. Teck acquired the Trail smelter through its acquisition in 2000 of a majority interest in Cominco Ltd. (now Teck Metals Ltd.). Teck agreed to indemnification obligations in connection with the sale of its steelmaking coal assets. On September 9, 2025, Teck entered into the Arrangement Agreement whereby Anglo American acquires all of the outstanding Teck Shares upon closing of the Merger. Teck's Class A common shares are listed on the TSX under TECK.A and its Class B subordinate voting shares on the TSX under TECK.B and on the NYSE under TECK. Class A common shares carry 100 votes per share and Class B subordinate voting shares one vote per share. As at December 31, 2025, Teck had 7,429 permanent employees at the operations and projects it manages and its corporate offices.
Costs and margins
- Price, quarter average
- $6.06/lb
- C1 cash cost
- $1.64/lb
- C1 margin
- $4.42/lb
- C1 margin, % of price
- 72.9%
Latest C1 cash cost $1.64 per pound. Copper miners: median C1 cash cost $2.04 per pound, Q2 2026, 14 reporters. 6 lowest of 14 copper miners reporting Q2 2026.
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q3 2025 | $4.45 | $2.09 |
| Q4 2025 | $5.04 | $1.98 |
| Q1 2026 | $5.82 | $1.74 |
| Q2 2026 | $6.06 | $1.64 |
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q3 2023 | $3.80 | $1.87 |
| $3.71 | $1.84 | |
| Q1 2024 | $3.83 | $2.36 |
| $4.42 | $2.16 | |
| Q3 2024 | $4.17 | $2.25 |
| $4.16 | $2.09 | |
| Q1 2025 | $4.24 | $2.04 |
| $4.32 | $2.02 | |
| Q3 2025 | $4.45 | $2.09 |
| $5.04 | $1.98 | |
| $5.82 | $1.74 | |
| Q2 2026 | $6.06 | $1.64 |
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q4 2020 | $3.26 | $1.27 |
| $3.85 | $1.38 | |
| $4.40 | $1.37 | |
| Q3 2021 | $4.26 | $1.29 |
| $4.32 | $1.54 | |
| $3.52 | $1.54 | |
| Q4 2022 | $3.64 | $1.76 |
| $3.84 | $1.92 | |
| $3.80 | $1.87 | |
| Q4 2023 | $3.71 | $1.84 |
| $3.83 | $2.36 | |
| $4.42 | $2.16 | |
| Q3 2024 | $4.17 | $2.25 |
| $4.16 | $2.09 | |
| $4.24 | $2.04 | |
| Q2 2025 | $4.32 | $2.02 |
| $4.45 | $2.09 | |
| $5.04 | $1.98 | |
| $5.82 | $1.74 | |
| Q2 2026 | $6.06 | $1.64 |
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q3 2019 | $2.63 | $1.31 |
| $2.68 | $1.34 | |
| $2.56 | $1.27 | |
| $2.43 | $1.35 | |
| Q4 2020 | $3.26 | $1.27 |
| $3.85 | $1.38 | |
| $4.40 | $1.37 | |
| $4.26 | $1.29 | |
| Q2 2022 | $4.32 | $1.54 |
| $3.52 | $1.54 | |
| $3.64 | $1.76 | |
| $3.84 | $1.92 | |
| Q3 2023 | $3.80 | $1.87 |
| $3.71 | $1.84 | |
| $3.83 | $2.36 | |
| $4.42 | $2.16 | |
| Q3 2024 | $4.17 | $2.25 |
| $4.16 | $2.09 | |
| $4.24 | $2.04 | |
| $4.32 | $2.02 | |
| $4.45 | $2.09 | |
| $5.04 | $1.98 | |
| $5.82 | $1.74 | |
| Q2 2026 | $6.06 | $1.64 |
C1 cash cost and the average copper price by quarter, newest first, US$ per pound; every row cites the company's own release.
| Quarter | Price avg | C1 cash cost | C1 margin | C1 margin % | Source |
|---|---|---|---|---|---|
| Q2 2026 | $6.06 | $1.64 | $4.42 | 72.9% | release |
| Q1 2026 | $5.82 | $1.74 | $4.08 | 70.1% | release |
| Q4 2025 | $5.04 | $1.98 | $3.06 | 60.7% | release |
| Q3 2025 | $4.45 | $2.09 | $2.36 | 53.0% | release |
| Q2 2025 | $4.32 | $2.02 | $2.30 | 53.2% | release |
| Q1 2025 | $4.24 | $2.04 | $2.20 | 51.9% | release |
| Q4 2024 | $4.16 | $2.09 | $2.07 | 49.8% | release |
| Q3 2024 | $4.17 | $2.25 | $1.92 | 46.0% | release |
| Q2 2024 | $4.42 | $2.16 | $2.26 | 51.1% | release |
| Q1 2024 | $3.83 | $2.36 | $1.47 | 38.4% | release |
| Q4 2023 | $3.71 | $1.84 | $1.87 | 50.4% | release |
| Q3 2023 | $3.80 | $1.87 | $1.93 | 50.8% | release |
| Q2 2023 | $3.84 | $1.92 | $1.92 | 50.0% | release |
| Q4 2022 | $3.64 | $1.76 | $1.88 | 51.6% | release |
| Q3 2022 | $3.52 | $1.54 | $1.98 | 56.2% | release |
| Q2 2022 | $4.32 | $1.54 | $2.78 | 64.4% | release |
| Q3 2021 | $4.26 | $1.29 | $2.97 | 69.7% | release |
| Q2 2021 | $4.40 | $1.37 | $3.03 | 68.9% | release |
| Q1 2021 | $3.85 | $1.38 | $2.47 | 64.2% | release |
| Q4 2020 | $3.26 | $1.27 | $1.99 | 61.0% | release |
| Q2 2020 | $2.43 | $1.35 | $1.08 | 44.4% | release |
| Q1 2020 | $2.56 | $1.27 | $1.29 | 50.4% | release |
| Q4 2019 | $2.68 | $1.34 | $1.34 | 50.0% | release |
| Q3 2019 | $2.63 | $1.31 | $1.32 | 50.2% | release |
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Copper produced, attributable
- 135,900 tonnes
- Prior-quarter copper production
- 140,000 tonnes
- Year-ago copper production
- 109,100 tonnes
More ways to compare Teck Resources Ltd
- C1 cash cost
- Rank 6 of 14View comparable rankings
Teck Resources's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- CAD 10.8B
- Net income
- CAD 1.4B
- Operating cash flow
- CAD 1.5B
- Capital expenditure
- CAD 1.8B
- Cash and equivalents
- CAD 5.0B
- Debt
- CAD 3.9B
- EPS (diluted)
- CAD 2.83
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:RevenueFromContractsWithCustomers | FY 2025 | CAD 10,756,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Net income ifrs-full:ProfitLossAttributableToOwnersOfParent | FY 2025 | CAD 1,401,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | CAD 2.84 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | CAD 2.83 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Operating cash flow ifrs-full:CashFlowsFromUsedInOperatingActivities | FY 2025 | CAD 1,479,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Capital expenditure ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities | FY 2025 | CAD 1,838,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Cash and equivalents ifrs-full:CashAndCashEquivalents | FY 2025 | CAD 5,012,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Debt ifrs-full:Borrowings | FY 2025 | CAD 3,904,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
| Dividends paid ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities | FY 2025 | CAD 246,000,000 | SEC XBRL, as filed | 40-F · 19 Feb 2026 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Filings
| Date | Source |
|---|---|
| 12 Aug 2026 | 6-K(12 Aug 2026) |
| 3 Aug 2026 | 6-K(3 Aug 2026) |
| 30 Jul 2026 | 6-K(30 Jul 2026) |
| 24 Jul 2026 | 6-K(24 Jul 2026) |
| 24 Jul 2026 | 6-K(24 Jul 2026) |
| 9 Jul 2026 | 6-K(9 Jul 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.