Teck Resources Reports 2025 Copper Production of 453,500 Tonnes and Zinc Production of 565,000 Tonnes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
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Source: Newsfilter
- Stable Copper Production: Teck's copper production for 2025 reached 453,500 tonnes, aligning with previous guidance, reflecting strong operational performance across all assets, particularly with Quebrada Blanca achieving 55,400 tonnes, ensuring the company's stable position in the copper market.
- Zinc Production Exceeds Expectations: The annual zinc in concentrate production for 2025 was 565,000 tonnes, at the high end of the guidance range, with fourth-quarter zinc sales of 157,200 tonnes indicating strong demand and seasonal sales performance in the zinc market.
- Positive Pricing Adjustments: Teck anticipates reporting positive settlement pricing adjustments of $295 million in the fourth quarter due to rising base metal prices, which will further enhance the company's financial performance and cash flow.
- Guidance Remains Unchanged: Teck reaffirmed its production and unit cost guidance for 2026 to 2028, despite a downward revision in zinc production guidance for Antamina, while maintaining copper production guidance, demonstrating the company's confidence in future operations.
Analyst Views on TECK
Wall Street analysts forecast TECK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TECK is 45.92 USD with a low forecast of 39.62 USD and a high forecast of 51.87 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
3 Hold
1 Sell
Hold
Current: 54.750
Low
39.62
Averages
45.92
High
51.87
Current: 54.750
Low
39.62
Averages
45.92
High
51.87
About TECK
Teck Resources Limited is a resource company that operates a portfolio of copper and zinc operations across North and South America. The Company’s projects include the Highland Valley Copper (HVC) Mine Life Extension Project, Galore Creek Project, Zafranal Project, and NuevaUnion. The HVC Mine Life Extension is located at the HVC site, approximately 17 kilometers (km) west of Logan Lake and 75 kilometers southwest of Kamloops. The Galore Creek Project is situated in Tahltan Territory in northwestern British Columbia, around 370 km northwest of Smithers. The Zafranal Copper Project lies in the Arequipa Region of southern Peru, within the prolific porphyry copper belt. The NuevaUnion Project is a undeveloped copper-gold-molybdenum mining venture in the Americas, located in Chile’s Atacama Region; its two deposits are about 40 km apart. Its Red Dog Operations is a zinc mine located approximately 170 km (105 miles) north of the Arctic Circle in northwest Alaska, near Kotzebue.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
