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Teck Resources Q1 profit more than doubled compared with year ago

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The Teck Resources logo is seen on a podium before the company's special meeting of shareholders, in Vancouver, B.C.. THE CANADIAN PRESS/Darryl Dyck

VANCOUVER — Teck Resources Ltd. reported its first-quarter profit more than doubled compared with a year earlier, helped by record quarterly copper sales volumes and strong commodity prices.

The mining company says it earned a profit attributable to shareholders of $819 million or $1.67 per diluted share for the quarter, up from $370 million or 73 cents per diluted share a year earlier.

On an adjusted basis, Teck says it earned $1.75 per diluted share in its latest quarter, up from 60 cents per diluted share in the same quarter last year.

Revenue for the quarter totalled $3.94 billion, up from $2.29 billion.

The results came as Teck continues to work to complete its merger with Anglo American plc that was announced last year.

Shareholders voted to approve the deal in December, but the company says it remains subject to customary closing conditions, including regulatory approvals.

This report by The Canadian Press was first published April 23, 2026.