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Teck Resources Up 0.2% In US After Hours As Provides Steelmaking Coal Sales and Pricing Update
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Teck Resources Up 0.2% In US After Hours As Provides Steelmaking Coal Sales and Pricing Update
Apr 4, 2024 2:39 PM

05:14 PM EDT, 04/04/2024 (MT Newswires) -- Teck Resources Limited was at last look up 0.2% in US after hours as it provided Thursday unaudited first quarter 2024 steelmaking coal sales volumes and realized prices.

Teck said its first quarter steelmaking coal sales were 5.9 million tonnes, in line with its guidance of 5.9 to 6.3 million tonnes. It added the realized steelmaking coal price in the first quarter averaged US$297 per tonne. The company expects to report a negative provisional pricing adjustment of $94 million in the first quarter.

Its first quarter 2024 financial results are scheduled for release on April 25, 2024.

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