Teck Resources Q2 Steelmaking Coal Sales at Top End of Guidance-February 2024-www.financetom.com

Teck Resources Q2 Steelmaking Coal Sales at Top End of Guidance

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Teck Resources Q2 Steelmaking Coal Sales at Top End of Guidance

Jul 5, 2024 3:15 AM

05:56 AM EDT, 07/05/2024 (MT Newswires) -- Teck Resources (TECK-B.TO, TECK-A.TO) on Thursday said its second-quarter steelmaking coal sales amounted to 6.4 million tonnes, at the top end of its guidance of 6.0-6.4 million tonnes.

The realized steelmaking coal price in the second quarter averaged US$237 per tonne.

The company said it expects to report a negative provisional pricing adjustment of $50 million in the second quarter.

Teck will release second-quarter financial results on July 24.

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