Teck Resources Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • Teck Resources held its Q3 2026 earnings call October 29, attended by CEO Jonathan Price, CFO Crystal Prystai and analysts.
  • Price maintained the Anglo American merger timetable at 12–18 months from September 2025; China's antitrust clearance remains the final regulatory approval.
  • Adjusted EBITDA doubled to $2.3 billion; operating cash flow reached $1.6 billion.
  • Annual net cash unit cost guidance fell to USD 1.80–2 per pound for copper and USD 0.30–0.40 for zinc.
  • QB's annual copper production forecast remained 200,000–235,000 tonnes despite severe weather disruptions; its next maintenance shutdown is scheduled for first-quarter 2027.


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