Copper Mining Stocks in Canada Surge by 2 Trillion Won in One Day
By ATTN Desk · Editorial oversight: Sean Han
Teck Resources Limited (TECK) closed at $57.85, up 5.22% on the New York Stock Exchange, lifting its market capitalization to about $27.8 billion (roughly ₩36 trillion). In a single day it added around $1.5 billion (≈₩2 trillion) in market value, with trading volume topping 1.51 million shares as investors piled in.
On January 20, Teck Resources released its 2025 production results, reporting annual copper output of 453,500 tonnes and reconfirming its 2026–2028 production and cost guidance to highlight its growth story. The company’s Q4 2025 financial results are due on February 18, with the market closely watching how stronger copper and zinc prices will feed into profitability and expanded shareholder returns. (nasdaq.com)
Headquartered in Vancouver, Canada, Teck Resources is a mining company that in 2024 sold its steelmaking coal business to Glencore for about $7.3 billion (≈₩10 trillion), transforming itself into an energy-transition metals company focused on copper and zinc. It is now pursuing a merger with the UK’s Anglo American to create “Anglo-Tec,” aiming to become a Canada-based global copper major and a champion in critical minerals. (globenewswire.com)