Core Viewpoint - Teck Resources Limited has received board approval for the Highland Valley Copper Mine Life Extension Project, which aims to extend the life of Canada's largest copper mine and support future copper production [1][2] Project Overview - The Highland Valley Copper Mine Life Extension (HVC MLE) is a brownfield project that will extend operations from 2028 to 2046 [5] - The project is expected to generate an average copper production of 132,000 tonnes per year over its lifespan [9] - Construction is set to begin in August 2025, following the issuance of necessary permits in June 2025 [6] Financial Aspects - The capital investment for the project is estimated to be between $2.1 billion and $2.4 billion, marking it as the largest critical minerals investment in British Columbia's history [7][9] - The project is anticipated to create approximately 2,900 jobs and contribute an additional $435 million to GDP during the construction phase [9] Production and Operations - The production profile will consist of three distinct mining phases, with total material movement expected to increase significantly during the initial phase [10][15] - The average total tonnes mined will be approximately 50 million tonnes per annum, with variations based on ore hardness [10] Community and Stakeholder Engagement - Teck emphasizes collaboration with Indigenous governments and local communities to ensure responsible development and long-term benefits [2][13] - The project has been recognized as a significant step for Indigenous governance and community participation in resource management [13][14] Strategic Importance - The HVC MLE project is foundational to Teck's strategy to double copper production by the end of the decade, driven by strong demand for copper as a critical mineral for energy transition [2][9] - The project is expected to strengthen Canada's critical minerals sector and enhance the country's position as a key supplier of essential metals [16]

Teck Resources Ltd (TECK) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24 ...

Group 1 - Morgan Stanley downgraded Freeport-McMoRan (FCX.US) and Teck Resources (TECK.US) from "Overweight" to "Hold," with target prices set at $54 and $44 respectively [1] - The performance of copper stocks covered by Morgan Stanley has outpaced LME copper prices by 28 percentage points since April 8, making the risk/reward profile less attractive [1] - Analysts believe Freeport-McMoRan has upside potential due to its exposure to Comex copper and strong gold prospects, but the current risk/reward ratio appears unattractive with few short-term catalysts [1] Group 2 - Morgan Stanley downgraded Southern Copper (SCCO.US) from "Hold" to "Underweight," setting a target price of $99, citing that the stock's valuation seems high relative to historical averages and industry peers [2] - The firm also downgraded Nexa Resources (NEXA.US) from "Hold" to "Underweight," with a target price of $5, due to pessimistic expectations regarding zinc prices and operational issues affecting production targets [2]

Group 1 - Teck Resources Limited will release its second quarter 2025 earnings results on July 24, 2025, before market open [1] - A webcast to review the earnings results will take place at 8:00 a.m. PT / 11:00 a.m. ET on the same day [1] - Investors and analysts can participate in a Q&A session via a dial-in number or by pre-registering for the call [1] Group 2 - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition [2] - The company has a portfolio of world-class copper and zinc operations across North and South America, along with a strong copper growth pipeline [2] - Teck is committed to responsible growth and building resilience based on stakeholder trust [2]

1. Report Industry Investment Rating No information provided on the report industry investment rating. 2. Core Views of the Report - The anticipation of a looser supply situation in the zinc concentrate mining sector has largely materialized, with the treatment charge (TC) continuing to rise. The annual production guidance for major overseas zinc concentrate producers remains mostly unchanged, and the upward trend in annual zinc concentrate production is expected to continue [3][50]. - Given the strong expectation of refinery复产 and the off - peak demand season, an inflection point in zinc ingot inventory may emerge [3]. - The zinc price is expected to be strong in the short - term and weak in the long - term. In the short run, low inventory provides some support, but weak demand restricts upward movement. In the long run, with increased supply and limited demand growth, the zinc price may face pressure [4]. 3. Summary by Directory 3.1 Total Overview - In March 2025, the global zinc market surplus narrowed to 23,700 tons. The first three months of 2025 saw a global supply surplus of 143,000 tons, slightly lower than the 148,000 tons surplus in the same period last year [12]. - In Q1 2025, global zinc concentrate production was 2.9021 million tons, a 9.75% decrease quarter - on - quarter and a 2.99% increase year - on - year. Global refined zinc production was 3.278 million tons, a 2.32% decrease quarter - on - quarter and a 3.55% decrease year - on - year [12]. 3.2 Glencore - Glencore's 2025 zinc concentrate production guidance is 93 - 990,000 tons, consistent with the initial expectation. Q1 production was 213,600 tons, a 18.29% decrease quarter - on - quarter and a 3.89% increase year - on - year. Increases mainly came from Antamina and the Australian region [19]. 3.3 Teck - Teck's 2025 zinc concentrate production guidance is 525,000 - 575,000 tons. Q1 production was 177,300 tons, a 6.19% decrease quarter - on - quarter and a 14.08% decrease year - on - year. Reductions mainly came from the Red Dog mine [22]. 3.4 Boliden - In Q1 2025, Boliden's zinc concentrate production was 57,900 tons, a 38.95% increase quarter - on - quarter and a 45.78% increase year - on - year. Increases mainly came from the复产 of the Tara mine [24]. 3.5 Vedanta - In Q1 2025, Vedanta's zinc concentrate production was 264,000 tons, a 5.60% increase quarter - on - quarter and a 4.35% increase year - on - year. Increases mainly came from Gamsberg, partially offset by the reduction at Black Mountain Mine [27]. 3.6 Nexa - Nexa's 2025 zinc concentrate production guidance is 311,000 - 351,000 tons. Q1 production was 67,300 tons, an 8.44% decrease quarter - on - quarter and a 22.82% decrease year - on - year. Except for Cerro Lindo, zinc production at other mines declined [31]. 3.7 MMG - MMG's 2025 zinc concentrate production guidance is 215,000 - 240,000 tons. Q1 production was 51,800 tons, a 19.02% decrease quarter - on - quarter and a 12.65% decrease year - on - year [37]. 3.8 Newmont Goldcorp - Newmont's 2025 zinc concentrate production guidance is 236,000 tons. Q1 production was 59,000 tons, a 23.38% decrease quarter - on - quarter and a 2.42% increase year - on - year [38]. 3.9 BHP - BHP's fiscal 2025 zinc concentrate production guidance is 90,000 - 110,000 tons. Q1 production was 26,000 tons, a 14.19% increase quarter - on - quarter and a 41.38% increase year - on - year [40]. 3.10 Lundin Mining - In Q1 2025, Lundin Mining's zinc concentrate production was 48,900 tons, a 5.77% decrease quarter - on - quarter and a 7.14% increase year - on - year [41]. 3.11 South32 - In Q1 2025, South32's zinc concentrate production was 11,000 tons, a 1.85% increase quarter - on - quarter and a 23.08% decrease year - on - year. The production guidance for the Cannington mine in fiscal 2025 was lowered to 45,000 tons [43]. 3.12 Grupo Mexico - SCC - In Q1 2025, SCC's zinc concentrate production was 39,400 tons, an 8.75% decrease quarter - on - quarter and a 49.40% increase year - on - year. The full - load operation of the Buenavista zinc concentrator contributed to the increase [44]. 3.13 Industrials Pelones - In Q1 2025, Pelones' zinc concentrate production was 57,700 tons, a 5.65% decrease quarter - on - quarter and a 13.86% decrease year - on - year. Reductions mainly came from the closure of the Tizapa mine and the depletion of the San Julian mine [45]. 3.14 Fresnillo plc - Fresnillo plc's 2025 zinc concentrate production guidance is 93,000 - 103,000 tons. Q1 production was 25,200 tons, a 12.79% decrease quarter - on - quarter and a 3.47% decrease year - on - year. Reductions mainly came from lower ore grades at Fresnillo and Cienega and the shutdown of the San Julian mine [47]. 3.15 Kaz Mineral - In Q1 2025, Kaz Mineral's zinc concentrate production was 9,300 tons, a 19.13% decrease quarter - on - quarter and a 11.43% decrease year - on - year, despite the highest quarterly throughput of ore [50]. 3.16 Market Outlook - The anticipation of a looser supply situation in the mining sector has materialized, and the TC continues to rise. The annual production guidance for major overseas zinc concentrate producers remains mostly unchanged, and the upward trend in annual zinc concentrate production is expected to continue. The TC for domestic and imported zinc concentrates has increased [50]. - Given the strong expectation of refinery复产 and the off - peak demand season, an inflection point in zinc ingot inventory may emerge. The zinc price is expected to be strong in the short - term and weak in the long - term [3][4].

Teck公司在周一发表的声明中称，此次非计划停产——由SAG磨机维护停机引发——不会对2025年产量 产生重大影响。Teck表示，Carmen de Andacollo矿将通过重新安排部分工厂维护工作以配合停产，来缓 解此次中断的影响。 Teck预计，Carmen de Andacollo（占2025年铜产量约10%）今年将生产4.5万至5.5万吨铜，与此前预测 一致。 National Bank Financial矿业分析师Shane Nagle在报告中指出，一个月的计划外停产可能使2025年息税折 旧及摊销前利润（EBITDA）减少不到2000万美元。他称，重新安排的维护工作应有助于在下半年弥补 缺口。 Teck还宣布，智利北部Quebrada Blanca港口设施的装船机发生与上述事件无关的临时停机。Teck表示， 装船机的维修工作也预计需要约一个月时间。 6月2日（周一），Teck资源公司表示，其位于智利的Carmen de Andacollo露天铜矿因机械故障将被迫暂 停生产约一个月。 Teck表示，Quebrada Blanca矿山和加工厂的运营正常进行。由于可通过替代港口发货，此次不会对销售 产 ...

Core Viewpoint - Teck Resources Limited announced mechanical issues at its Carmen de Andacollo (CdA) Operations in Chile, leading to a maintenance shutdown of the SAG mill, but does not expect a material impact on production or sales for 2025 [1][2][3]. Group 1: Production Impact - Production at CdA will be interrupted for approximately one month for repairs, but the company plans to reschedule other maintenance to mitigate the impact [2]. - The previously disclosed guidance for 2025 total annual copper production and for CdA remains unchanged despite the downtime [2]. - An unrelated temporary outage of the shiploader at the Quebrada Blanca (QB) port facility is also expected to last about one month, but operations at the QB mine and plant continue normally [3]. Group 2: Company Overview - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition, with a strong portfolio of copper and zinc operations across North and South America [7]. - The company emphasizes responsible growth and resilience built on stakeholder trust, with shares listed on both the Toronto Stock Exchange and the New York Stock Exchange [7].

Group 1 - Teck Resources Limited (NYSE: TECK) stock is currently under pressure due to global economic headwinds affecting market sentiment [1] - The analysis suggests that Teck is now considered a buy, indicating potential for future gains [1] - Technical indicators show that further gains are anticipated for Teck Resources [1]

Teck Resources Limited (TECK) reported first-quarter 2025 adjusted earnings per share (EPS) of 42 cents, beating the Zacks Consensus Estimate of 24 cents. It marked a substantial improvement from the loss of one cent per share in the year-ago quarter. This was attributed to higher base metal prices and increased sales volume of copper and zinc in concentrate.The prior-year quarter’s earnings have been adjusted by Teck Resources to reflect the sale of the steelmaking coal business or Elk Valley Resources (“E ...

Commission File Number: 001-13184 TECK RESOURCES LIMITED (Exact name of registrant as specified in its charter) Suite 3300 – 550 Burrard Street Vancouver, British Columbia V6C 0B3 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ EXHIBIT INDEX UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a ...