Teck Resources Ltd Class B is a Canadian mining company and one of the largest diversified resource companies in the world. The company traces its roots back to 1906 when it was founded as the Consolidated Mining and Smelting Company of Canada (CM&S) in Fernie, British Columbia. CM&S played a significant role in the development of the mining industry in Canada, especially in the region of British Columbia.
Over the years, CM&S expanded its operations and diversified its mining interests to include various base metals, coal, and other resources. In 2001, the company rebranded itself as Teck Cominco Limited after acquiring Cominco Ltd. The company continued to grow through acquisitions and mergers, further solidifying its position in the global mining industry.
In 2008, Teck Cominco Limited changed its name to Teck Resources Limited to better reflect its focus on diversified mining operations. Today, Teck Resources is involved in the exploration, development, production, and marketing of a wide range of natural resources, including copper, zinc, lead, coal, and oil sands.
The company's primary focus is on the extraction and production of base metals, with copper and zinc being significant contributors to its revenue. Teck Resources also has a significant presence in the metallurgical coal sector, producing high-quality coking coal used in steelmaking.