05:37 AM EDT, 10/22/2025 (MT Newswires) -- Teck Resources (TECK-A.TO, TECK-B.TO, TECK), which last month agreed to a merger of equals with Anglo American, Wednesday reported that its third-quarter earnings increased due to higher copper and zinc prices.

Teck reported adjusted profit from continuing operations of C$372 million, or $0.76 per share, an increase from $314 million, or $0.60 per share, a year ago. The results beat the consensus estimate compiled by FactSet of $0.60 for the third quarter.

Revenue came in at $3.39 billion, up from $2.96 billion in the prior-year period. Adjusted EBITDA also rose to $1.17 billion from $986 million in the year-ago quarter.

The increase in adjusted EBITDA was primarily driven by higher copper and zinc prices and increased by-product revenues, the company said.

Teck maintained its 2025 production guidance of 415,000-465,000 tonnes of copper and 525,000-575,000 tonnes of zinc.

"The merger of equals between Teck and Anglo American announced this quarter is a unique opportunity to create a global leader in critical minerals and a top five copper producer," Teck president and CEO Jonathan Price said.

"The combination will unlock significant value for shareholders through integration of Quebrada Blanca and Collahuasi and meaningful corporate synergies, offering a compelling high-quality, copper-focused investment opportunity."

Teck's share price at last look gained 1.3% to $43.38 in U.S. pre-market trading Wednesday.