TECK RESOURCES LTD

Teck Resources Limited announced the successful receipt of requisite consents for amendments to six series of its outstanding notes, totaling over U.S. $1 billion in principal amount. The consent solicitations, which expired on August 11, 2026, allow for changes to the notes' covenants and events of default to align them with Anglo American's debt indenture. This action is a step towards the previously announced merger between Teck Resources and Anglo American plc, expected to close between September 2026 and March 2027.

Teck Resources Limited announced the successful completion of consent solicitations for six series of its outstanding notes, totaling approximately $1.03 billion. Holders of a majority in principal amount of each series delivered consents for proposed amendments to the relevant indentures. The amendments align certain covenants and events of default with those of Anglo American plc, with which Teck is set to merge. Teck will pay a consent fee of $1.00 per $1,000 principal amount to consenting holders.

Teck Resources Limited announced the commencement of consent solicitations for six series of its outstanding notes. These solicitations aim to amend certain covenants and events of default to align them with Anglo American plc's debt indenture, in anticipation of their merger. The consent solicitations will expire on August 11, 2026, and holders providing consent will receive a fee of $1.00 per $1,000 principal amount. The merger is expected to be completed between September 2026 and March 2027.

Teck Resources Limited has initiated consent solicitations for six series of its outstanding notes, totaling approximately $1.03 billion. The purpose of these solicitations is to amend certain covenants and events of default to align them with Anglo American's debt indenture, in anticipation of their previously announced merger. Holders who provide valid consents will receive a fee of $1.00 per $1,000 principal amount. The solicitations are not conditioned on the completion of the merger, which is expected between September 2026 and March 2027.

Teck Resources and Anglo American announced the composition of the future Executive Leadership Team (ELT) for Anglo Teck plc, the combined company resulting from their merger. Duncan Wanblad will lead as CEO, with Jonathan Price as Deputy CEO & Chief Strategy Officer, and John Heasley as CFO. The merger, expected to complete between September 2026 and March 2027, aims to create a global copper powerhouse with anticipated annual pre-tax synergies of US$800 million and an additional US$1.4 billion in EBITDA revenue synergies from optimizing copper assets.

Teck Resources and Anglo American announced the Executive Leadership Team (ELT) for Anglo Teck plc, the combined company formed through their merger. The ELT, comprising leaders from both companies, will take effect upon final regulatory approval of the merger, expected between September 2026 and March 2027. Duncan Wanblad will serve as CEO, Jonathan Price as Deputy CEO & Chief Strategy Officer, and John Heasley as CFO. The new entity aims to be a top-tier global copper producer with annual pre-tax synergies of approximately $800 million by the fourth year post-completion.

Teck Resources Limited reported strong unaudited second quarter results for 2026, driven by robust operational and financial performance. Adjusted EBITDA surged 204% to $2.2 billion, with adjusted profit attributable to shareholders reaching $948 million, or $1.93 per share. The company saw significant increases in copper production and improved unit costs, alongside strong performance in its zinc segment. Teck also provided updates on its merger with Anglo American and a strategic investment agreement for critical minerals expansion.

Teck Resources Limited announced that its Board of Directors has declared an eligible dividend of $0.125 per share. The dividend is payable on September 29, 2026, to shareholders of record as of September 15, 2026. This action reflects the company's commitment to returning value to its shareholders.

Teck Resources announced strong second-quarter 2026 results, with Adjusted EBITDA up 204% to $2.2 billion and adjusted profit attributable to shareholders reaching $948 million ($1.93 per share). The company also provided an update on its planned merger with Anglo American, confirming shareholder and Canadian regulatory approvals have been secured, with the transaction progressing towards its expected closing. Operational performance, particularly at Quebrada Blanca (QB) copper operations, remained stable and contributed to the robust financial performance.

Teck Resources Limited announced that it will release its second quarter 2026 earnings results before market open on Thursday, July 23, 2026. The company will also host a webcast to review these results on the same day at 8:00 a.m. PT / 11:00 a.m. ET, with dial-in options available for investor and analyst Q&A. An archived version of the webcast will be accessible on Teck's website within 24 hours.