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Teck Falls 0.75% in US Premarket After Launching Operations Review, QB Plan
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Teck Falls 0.75% in US Premarket After Launching Operations Review, QB Plan
Sep 3, 2025 4:43 AM

07:16 AM EDT, 09/03/2025 (MT Newswires) -- Teck Resources shares were down 0.75% in US premarket trading Tuesday after the company announced an operations review and a detailed QB action plan.

Teck said the review, launched in August, is aimed at improving performance by boosting operating practices and ensuring future business plans are achievable.

The company said it has appointed an industry veteran as special adviser to the chief executive to accelerate QB tailings management facility development and support operational performance. It also said it will defer major growth projects until QB achieves steady-state operations and ramp-up targets.

The review includes detailed assessments of operating plans, input from third-party experts, and execution tracking, the company said. Teck expects to complete the review by October 2025 and will update guidance no later than its Q3 results.

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