Real Assets
Teck Resources (NYSE:TECK) is a natural resources mining firm primarily mining metallurgical coal, copper, and zinc. It is the second largest seaborne export producer of metallurgical coal worldwide and the largest zinc producer in the world. Teck is planning a large shift toward copper, with the opportunity to become a top 10 producer with expansion plans that could increase output by an estimated 530% by 2032. Teck reported record high earnings per share in 2Q22, roughly 5x higher year over year at $3.12 a share.