Teck Resources reports Q1 adjusted EPS C$0.75 vs. C$1.78 last year

Reports Q1 revenue C$3.99B vs. C$3.79B last year. “All outstanding major construction at our QB operation was completed in the first quarter, including the shiploader and molybdenum plant, and we marked the first shipment of concentrate from the completed port facility,” said Jonathan Price, President and CEO. “We had strong first quarter performance across our business, generating $1.7 billion of Adjusted EBITDA1 with steadily increasing quarterly copper production as QB ramp-up advances, and we continued to return cash to shareholders.”