Teck Resources
Teck Resources Limited, known as Teck Cominco until late 2008, is a diversified natural resources company headquartered in Vancouver, British Columbia, that is engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. Secondary products include lead, silver, gold, molybdenum, germanium, indium and cadmium. Teck Resources was formed from the amalgamation of Teck and Cominco in 2001. In 2018, Teck Resources opened the C20 billion open-pit petroleum-mine proposal—Frontier Mine— south of Wood Buffalo National Park and north of Fort McMurray in northeast Alberta. In 2020, a number of new executives were appointed to the company: Harry Conger as chief operating officer, Jonathan Price as chief financial officer, and Nicholas Hooper as senior vice president, corporate development. According to the company's 2018 annual report, the Vancouver-headquartered Teck Resources is a "diversified resource company" that focuses on "steelmaking coal, copper, zinc and energy", with ownership or interests in thirteen "operating mines, a large metallurgical complex, and several major development projects in the Americas." , 44% of revenue was from steel-making coal, 34% of revenue was from zinc, and the remaining 21% was from copper. In Alberta, Teck has one operational oil sands project at Fort Hills—a C20.0 billion open-pit petroleum mine—Frontier Mine—near Wood Buffalo National Park and north of Fort McMurray, Alberta, was withdrawn by the company in 2020. With its massive size——it may have been among the "largest oil sands mines ever proposed in Alberta." Teck's board members include Chairman, Dominic Barton, President and CEO, Donald R. Lindsay, CFO, Jonathan H. Price, and Chairman Emeritus, Norman B. Keevil. In 2018, Teck had 10,700 employees worldwide. The net revenue in 2018 increased to a record high of C$12.
