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Teck Resources (TECK) investor relations material
Teck Resources AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Introductions of board members and executives, including recognition of Dr. Norman B. Keevil.
Meeting began with a values message on ending violence against women and girls, especially Indigenous women, aligning with company values and sustainability framework.
Noted this is likely the last AGM before the merger with Anglo American, marking a significant transition.
Financial performance review
Returned CAD 1.3 billion to shareholders in 2025 through share buybacks and dividends.
Achieved adjusted EBITDA of CAD 4.3 billion and profit from continuing operations before taxes of CAD 1.7 billion in 2025.
Maintained a cash balance of CAD 5 billion and liquidity of CAD 9.1 billion at year-end 2025; Q1 2026 adjusted EBITDA was CAD 2.1 billion, up 125% year-over-year.
Board and executive committee updates
Eleven directors nominated and introduced; all received at least 97.7% of votes cast for election.
PricewaterhouseCoopers LLP reappointed as auditor with 97.8% approval.
- Adjusted EBITDA more than doubled to $2.1B, fueled by record copper sales and higher prices.TECK
Q1 202624 Apr 2026 - Merger with Anglo American creates a top five copper producer amid strong financial and market outlook.TECK
35th BMO Global Metals, Mining & Critical Minerals Conference2 Mar 2026 - Merger with Anglo American, record copper prices, and strong Q4 results drive growth.TECK
Q4 202519 Feb 2026 - Record copper output, $7.3B coal sale, and major shareholder returns mark Q2 2024.TECK
Q2 20243 Feb 2026 - Record copper and zinc output, $1.3B+ returned to shareholders, net cash $1.8B.TECK
Q3 202418 Jan 2026 - Copper output to reach 800,000 tonnes by 2030, driven by disciplined growth and strong returns.TECK
Status Update16 Jan 2026 - Record copper output, robust cash returns, and strong 2025 growth outlook highlighted.TECK
Q4 20248 Jan 2026 - Record copper output, strong financials, and major growth projects drive value and returns.TECK
34th Annual BMO Global Metals, Mining & Critical Minerals Conference7 Jan 2026 - Record copper output, strong financials, and all proposals approved as growth accelerates.TECK
AGM 20257 Jan 2026
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