Teck Resources (Teck Resources) PensionAndRetirementBenefit : $332 Mil (As of Dec. 2023)

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What is Teck Resources PensionAndRetirementBenefit?

Teck Resources's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $332 Mil.

Teck Resources's quarterly PensionAndRetirementBenefit declined from Jun. 2023 ($329 Mil) to Sep. 2023 ($296 Mil) but then increased from Sep. 2023 ($296 Mil) to Dec. 2023 ($332 Mil).

Teck Resources's annual PensionAndRetirementBenefit declined from Dec. 2021 ($404 Mil) to Dec. 2022 ($309 Mil) but then increased from Dec. 2022 ($309 Mil) to Dec. 2023 ($332 Mil).

Teck Resources PensionAndRetirementBenefit Historical Data

The historical data trend for Teck Resources's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Teck Resources PensionAndRetirementBenefit Chart

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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383.48

440.32

403.91

309.17

331.69

Teck Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PensionAndRetirementBenefit	Get a 7-Day Free Trial															309.17	320.84	328.92	296.36	331.69

Teck Resources PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Teck Resources (Teck Resources) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TCKRF:USA TECK:Mexico TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.