financetom
Business
financetom
/
Business
/
Teck Resources Q1 Steelmaking Coal Sales in Line With Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Teck Resources Q1 Steelmaking Coal Sales in Line With Guidance
Apr 4, 2024 2:59 PM

05:37 PM EDT, 04/04/2024 (MT Newswires) -- Teck Resources ( TECK ) said, late on Thursday, that Q1 steelmaking coal sales of 5.9 million tonnes were in line with its 5.9 million to 6.3 million tonnes guidance.

The company said the realized steelmaking coal price averaged $297 per tonne.

The company expects to report a negative provisional pricing adjustment of $94 million in Q1. Its results are due on April 25.

Price: 47, Change: +0.08, Percent Change: +0.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Berkshire's cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record
Berkshire's cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record
Aug 3, 2024
(Reuters) - Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway ( BRK/A ) soar to nearly $277 billion and selling a large chunk of its stake in Apple ( AAPL ), even as the conglomerate posted a record quarterly operating profit. Berkshire sold about 390 million Apple ( AAPL ) shares in the second quarter,...
State Bank of India reports $2 bln Q1 profit on strong loan growth
State Bank of India reports $2 bln Q1 profit on strong loan growth
Aug 3, 2024
MUMBAI, Aug 3 (Reuters) - Strong loan demand helped State Bank of India, the country's largest lender, beat estimates with $2 billion in April-June profits, but it also witnessed its provisions for loan losses rise sharply. The state-run bank reported on Saturday its net profit rose around 1% for the first financial quarter to 170.35 billion rupees ($2.03 billion) from...
Abrdn finance chief Jason Windsor to replace Stephen Bird as CEO, Financial Times reports
Abrdn finance chief Jason Windsor to replace Stephen Bird as CEO, Financial Times reports
Aug 3, 2024
(Reuters) -Abrdn ( SLFPF ) finance chief Jason Windsor is the front-runner to become the next chief executive of the British fund manager following the departure of Stephen Bird, the Financial Times reported on Saturday. Windsor could be formally elevated to the top job as soon as Tuesday when the company reports half-year results, the newspaper reported, citing two sources...
Music labels' AI lawsuits create new copyright puzzle for US courts
Music labels' AI lawsuits create new copyright puzzle for US courts
Aug 3, 2024
Aug 3 (Reuters) - Country musician Tift Merritt's most popular song on Spotify ( SPOT ), Traveling Alone, is a ballad with lyrics evoking solitude and the open road. Prompted by Reuters to make an Americana song in the style of Tift Merritt, the artificial intelligence music website Udio instantly generated Holy Grounds, a ballad with lyrics about driving old...
Copyright 2023-2026 - www.financetom.com All Rights Reserved