Teck Announces Completion of Sale of Fort Hills Interests

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that it has completed the sale of its 21.3% interest in the Fort Hills Energy Limited Partnership ("Fort Hills") to Suncor Energy Inc. ("Suncor") and TotalEnergies EP Canada Ltd. ("TotalEnergies"), a subsidiary of TotalEnergies SE. Teck received aggregate cash proceeds of approximately $1 billion and does not anticipate any tax payable on the disposition.

About Teck
As 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. 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 .

Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
fraser.phillips@teck.com

Media Contact:
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

TECK.A:CA,TECK.B:CA,TECK
The Conversation (0)
 Stillwater Critical Minerals President and CEO Michael Rowley.

Stillwater Critical Minerals’ Maiden Indicated Resource Marks Shift from Growth to Upgrading

Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF) President and CEO Michael Rowley announced that the company upgraded the mineral resource for its flagship Stillwater West project. The company's August 2026 mineral resource estimate more than doubles the inferred resource and adds a maiden... Keep Reading...
Elton Resources

Elton Resources Now Trading on TSXV!

Elton Resources Corp. (TSXV: DBAY) (formerly, Chicane Capital I Corp.) (the "Company") is pleased to announce that the common shares of the Company (CUSIP 29035T302 / ISIN CA29035T3029) have commenced trading on the TSX Venture Exchange ("TSXV") under the symbol "DBAY" at market open on October... Keep Reading...
The flag of Chile with blue, white, red colors and a star waves against a clear blue sky.

KGHM, South32 Launch US$725 Million Chile Copper Expansion

Polish state-controlled miner KGHM Polska Miedz (FWB:KGHA.F,OTC Pink:KGHPF) and its joint venture partner South32 (ASX:S32,OTCPL:SOUHY) announced a US$725 million expansion of the Sierra Gorda copper-molybdenum mine in northern Chile, targeting a 20 percent increase in annual copper... Keep Reading...
Copper Intelligence (OTC:CUAI)

Copper Intelligence and CoTec Finalise Joint Venture Shareholder Agreement to Target Processing Historical Copper Tailings Opportunities in the Democratic Republic of Congo

Copper Intelligence (OTCID: CUAI) is pleased to announce that it has finalized the terms of a definitive joint venture agreement with CoTec Holdings Corp. (TSXV: CTH) (OTCQB: CTHCF) and two third-party investment vehicles associated with the Company's CEO, Julian Treger, and Chairman, Lucio... Keep Reading...
Michael Meding, copper rolls.

Copper Crunch — Structural Deficit "Here to Stay" | McEwen Copper's Michael Meding

Michael Meding, managing director of McEwen Copper, discusses the company's Argentina-based Los Azules copper project, including the timeline for a final investment decision and when an initial public offering may take place. He also touches on supply/demand dynamics in the copper space. Don’t... Keep Reading...

Interactive Chart

Latest Press Releases

Related News