Teck Resources Ltd (MEX:TECK)
MXN 835 0 (0%) Market Cap: 454.37 Bil Enterprise Value: 580.00 Bil PE Ratio: 23.19 PB Ratio: 1.40 GF Score: 55/100
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Teck Resources Ltd at Bank of America Merrill Lynch Global Metals, Mining & Steel Conference Transcript

May 14, 2019 / 09:30AM GMT
Release Date Price: MXN423
Timna Beth Tanners
BofA Merrill Lynch, Research Division - MD

Next presentation is with Teck Resources' CEO Don Lindsay, for his 15th presence at our conference. Please join me in welcoming Don.

Donald R. Lindsay
Teck Resources Limited - President, CEO & Director

Thank you. Well thanks very much Timna and it's a pleasure to be here again. My 15th, I guess, as you point out. Before I start, I'd like to draw your attention to the forward looking information slide which I'm sure you're all familiar with.

I want to start by saying that 2018 was a transformational year for Teck and it has continued into 2019. We've achieved significant major milestones across our businesses that are going to spur value creation for years to come. Some of these things have been literally 10 years in the making or more.

The first was the completion of construction and the production ramp up of Fort Hills, which was truly a resounding success and I've been told that for projects of this scope which was CAD 17 billion, about 80% of those kind of projects never

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