Teck’s focus on more profitable ventures appears to have paid off at the Trail Operation.
The local operation’s concentration on producing more silver, germanium and indium with reductions in refined lead and refined zinc helped increase its gross profit in the third quarter from $6 million in 2024 to $53 million this year.
The Trail Operation also turned an $81-million loss for the first nine months of last year into a $175-million dollar profit this year.
Company-wide, Teck turned a $281-million dollar profit in the third quarter compared to a $784-million dollar loss last year.
Teck is in the midst of closing a merger with British-based Anglo American.
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