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Teck Resources Faces Temporary Operational Challenges in Chile

Story Highlights
  • Teck Resources announced a SAG mill shutdown at its Carmen de Andacollo operations in Chile.
  • A shiploader outage at Quebrada Blanca port is expected to last a month, with no sales impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teck Resources Faces Temporary Operational Challenges in Chile

Confident Investing Starts Here:

An announcement from Teck Resources ( ($TSE:TECK.B) ) is now available.

On June 2, 2025, Teck Resources Limited announced a mechanical issue at its Carmen de Andacollo (CdA) Operations in Chile, necessitating a maintenance shutdown of the SAG mill for approximately one month. Despite this, Teck anticipates no material impact on its 2025 copper production guidance due to rescheduling other planned maintenance. Additionally, an unrelated temporary outage of the shiploader at the Quebrada Blanca (QB) port facility in Northern Chile is expected to last about a month, but operations continue normally with alternative shipping options available, ensuring no significant sales impact.

The most recent analyst rating on ($TSE:TECK.B) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.

Spark’s Take on TSE:TECK.B Stock

According to Spark, TipRanks’ AI Analyst, TSE:TECK.B is a Neutral.

Teck Resources’ overall stock score is 64, driven by strong revenue growth and operational efficiency, as well as a robust balance sheet. However, high valuation metrics and negative free cash flow present risks. The latest earnings call was positive, highlighting improved profitability and operational achievements.

To see Spark’s full report on TSE:TECK.B stock, click here.

More about Teck Resources

Teck Resources Limited is a leading Canadian resource company headquartered in Vancouver, Canada. The company focuses on providing metals essential for economic development and the energy transition, with a portfolio of world-class copper and zinc operations across North and South America. Teck is recognized for its industry-leading copper growth pipeline and commitment to responsible growth and stakeholder trust.

YTD Price Performance: -12.54%

Average Trading Volume: 1,442,206

Technical Sentiment Signal: Sell

Current Market Cap: C$25.33B

Learn more about TECK.B stock on TipRanks’ Stock Analysis page.

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