TECK RESOURCES LTD
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2023 · Filed Feb 23, 2024
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EX-99.1 · Elkview
Elkview
The reserve economics assume a long-term selling price at the Port of Vancouver of US$170/tonne for metallurgical coal at an exchange rate of CAD$1.25 per US$1.00. 2023 reserves decreased, as compared to 2022, by 6.5% to 241.6 million clean tonnes, primarily due to production and model parameter changes. 2023 resources decreased, as compared to 2022, by 7.5% due to drilling and geology interpretation as well as model parameter changes and procedural updates in how the resource shells are generated.
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