Teck Q1 coal sales in line with guidance

5th April 2024 By: Creamer Media Reporter

Teck Q1 coal sales in line with guidance

Canadian mining company Teck Resources has reported first-quarter steelmaking coal sales of 5.9-million tonnes, which is in line with its guidance of 5.9-million to 6.3-million tonnes.

The realised steelmaking coal price in the first quarter averaged $297/t.

Teck says that it expects to report a negative provisional pricing adjustment of $94-million in the first quarter.

The miner will report first-quarter results on April 25.