Teck Resources

IEEFA Research

Teck Resources: Rough Road on Oil Sands Investments

Teck Resources_Rough Road on Oil Sands Investments_April 2015 By Tom Sanzillo and Deborah Lawrence

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More News and Commentary

Mining Giant Teck Resources Offers Coal Investors Another Red Flag

A Write-Down Reflects Structural Weaknesses in Global Markets

Repetitive as it is, Teck Resources is offering another recent lesson in how investing in coal is a serious wealth hazard. Teck Resources shareholders have lost Canadian $18 billion of equity value in five years. In addition to being a major global producer of copper and zinc, Teck Resources is Canada’s largest coking coal producer, […]

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Junk Rating for Oil-Sands Developer Teck Resources

Rachelle Younglai in the Globe and Mail: Moody’s Investors Service slashed Teck Resources Ltd.’s credit to junk status, citing weak commodity prices along with the miner’s spending on its oil sands joint venture. The downgrade to speculative or junk status is a blow to the Vancouver-based miner, whose two main businesses – copper and metallurgical […]

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Media Monitor: The Voodoo Economics of Coal-Industry Expansion

‘Financially Unviable’, Oil-Sands Setbacks, U.S. Royalty Reform

Tree huggers and protectors of the Great Barrier Reef have lots of sway, maybe, but theirs may not be the most powerful hex on a proposal to build one of the world’s biggest greenfield coal mines, as Jennifer Rankin tells it this week in The Guardian. Rankin’s piece explains how “bad economics” are bewitching the […]

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Media Monitor: Mitch McConnell Is Miffed

‘Liberal Progressives’ Are the Problem; Where the Energy-Transition Leadership Isn’t Coming From; Teck Resources Has a Bad Week

Mitch McConnell takes umbrage—great umbrage!—at the Lexington Herald-Leader for calling him out on his campaign to incite states to defy the Environmental Protection Agency’s enforcement of the Clean Air Act. The paper gives him room to rant this week, granting the senator prime op-ed space for the second time since early March, when he used […]

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Toronto Forum Thursday Will Focus on ‘Risky Business’ of Oil Sands Investing

Investment analysts, policy makers, socially responsible investment advisors, and the media will come together at a forum in Toronto this week to discuss how changing market trends are influencing plans for oil sands development in Canada. The event, “Risky Business? Oil Sands Investing in a New Economic era,” will take place at the Spoke Club […]

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For Canada’s Teck Resources, a Tough Road on Oil Sands Investments

In Fort Hills and Frontier Projects, a Long-Established Company Is Losing Its Bet on Two Expensive Endeavors

There may be no better example of Canada’s deeply afflicted oil sands industry than Teck Resources, the long-established mining company that is on hard times today in part for its overly optimistic expectations regarding its venture in oil sands, an expensive source of energy. Today we published a detailed report, “Teck Resources: Tough Road on […]

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Report: Teck Resources, a Major Canadian Oil Sands Promoter, Faces Difficulties

In Fort Hills and Frontier Projects, Canadian Company Is Losing Its ‘Overly Optimistic’ Bet on An Expensive Source of Energy

CLEVELAND, April 20, 2015 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis released a report today questioning the financial viability of Teck Resources, a Canadian energy company with a substantial stake in the flagging oil sands development of Alberta. The report, titled “Teck Resources: Tough Road on Oil Sands Investments,” analyzes finances from […]

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Teck Resources: Rough Road on Oil Sands Investments

Teck Resources_Rough Road on Oil Sands Investments_April 2015 By Tom Sanzillo and Deborah Lawrence

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