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Teck Resources Q3 profit rises year over year as copper and zinc prices improve

Teck Resources Q3 profit rises year over year as copper and zinc prices improve

Teck Resources says its third-quarter profit attributable to shareholders rose to $1.59 billion, helped by higher copper and zinc prices.

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Teck Resources Ltd. reported that its third-quarter profit increased compared with the same quarter last year, citing higher copper and zinc prices.

The Vancouver-based miner said profit attributable to shareholders totalled $1.59 billion, or $3.24 per diluted share, up from $281 million, or 57 cents per diluted share, in the third quarter of 2025. On an adjusted basis, Teck reported earnings of $1.88 per diluted share, up from an adjusted profit of 76 cents per diluted share a year earlier.

Teck’s revenue for the quarter was $4.52 billion, up from $3.39 billion in the third quarter of 2025.

The company also said that on the weekend, about 1,200 workers represented by the United Steelworkers began a strike at Teck’s Highland Valley Copper mine. Teck said operations were continuing at a reduced capacity, and the impact on production would depend on the duration of the job action.

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