Teck Resources provided its unaudited first quarter 2023 steelmaking coal sales volumes and realized prices. "We achieved our quarterly sales guidance for steelmaking coal and continued to benefit from strong realized prices in the first quarter," said Jonathan Price, CEO. "Teck‘s high-margin steelmaking coal business continues to display its significant cash generating results and potential, further underscoring its value potential as the industry’s leading pure play steelmaking coal business post separation." First quarter steelmaking coal sales were 6.2M tonnes, within previously disclosed guidance range of 6M – 6.4M tonnes. The realized steelmaking coal price in the first quarter averaged US$282 per tonne. The company expects to report a positive provisional pricing adjustment of $25M in the first quarter.
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