VANCOUVER — Teck Resources Ltd. reported its second-quarter profit rose compared with a year ago, boosted by increased copper production and higher commodity prices.
The Vancouver-based mining company says its profit attributable to shareholders totalled $854 million or $1.74 per diluted share for the quarter.
The result was up from $206 million or 41 cents per diluted share a year ago.
On an adjusted basis, Teck says it earned $1.93 per diluted share in its latest quarter, up from an adjusted profit of 38 cents per diluted share in the same quarter last year.
Revenue for the quarter totalled $3.61 billion, up from $2.02 billion a year ago.
Earlier this month, the federal government announced a deal to invest up to $400 million into Teck’s critical minerals processing operations in Trail, B.C.
This report by The Canadian Press was first published July 23, 2026.
