Published 2 days ago • loading... • Updated 21 hours ago

Teck Shrugs Off Tariff Risks, While Cameco Says 'It's Kind Of Econ 101' For Uranium Prices - Cameco (NYSE:CCJ), Teck Resources (NYSE:TECK)

Teck Resources Ltd. Expects to find new trade routes for metals if the U.S. Imposes tariffs, stating, "trade flows are expected to adjust".
The company reported a profit of $385 million for the quarter ended December 31, recovering from a loss of $167 million previously.
Teck's copper production reached a record 122,000 tonnes, attributed to strong performance at the Quebrada Blanca operations in northern Chile.
The Chief Executive noted that border taxes shouldn't materially impact Teck's operations, sharing that they will adjust as needed.

Insights by Ground AI

Does this summary seem wrong?

11 Articles

All

Left

Center

Right

Benzinga

Teck Shrugs Off Tariff Risks, While Cameco Says 'It's Kind Of Econ 101' For Uranium Prices - Cameco (NYSE:CCJ), Teck Resources (NYSE:TECK)

Canadian miner Teck Resources (NYSE:TECK) is not worried about the impact of proposed U.S. tariffs on the company’s business. During the latest earnings call, CEO Jonathan Price pointed out that the firm’s exports mainly go to Asia and Europe. "In the event that tariffs are imposed, we expect trade flows to adjust. Teck has a resilient business driven by the diversification of our products and operations." Price said. Teck’s latest earnings show…

21 hours ago·New York, United States

Read Full Article

castanet.net

+2 Reposted by 2 other sources

Teck says tariffs could mean altered trade flows but not material hit

Teck Resources Ltd. says it expects to find other trade routes for some of the metals it refines in B.C. if the U.S. goes ahead with tariffs. Chief executive Jonathan Price told a conference call with investors that border taxes shouldn't have a material impact on Teck overall, but that it will ...

2 days ago·Kelowna, Canada

Read Full Article