Positive results Vancouver-based miner Teck Resources has published the company’s unaudited fourth quarter results for 2023, boasting a robust performance in that period.
“We had strong fourth quarter performance across our business, generating adjusted EBITDA of $1.7 billion in the quarter, returning cash to shareholders and advancing ramp-up of our [Quebrada Blanca] Operations, resulting in Teck's record quarterly copper production,” said Jonathan Price, the miner’s president and chief executive, as quoted in a statement.
Teck Resources said that, among others, the business achieved record quarterly copper production in the last three months of 2023.
“We are well positioned to deliver on our strategic priorities in 2024 as we execute on the planned separation of our base metals and steelmaking coal businesses while significantly increasing our copper production,” according to the CEO.