https://globalnews.ca/news/6937137/teck-resources-ceo-oil-coal-investing/

Article excerpts:

Teck is implementing a copper growth strategy financed by the strong cash flows from steel-making coal and zinc. We are focused on rebalancing our portfolio to ultimately make our copper business bigger than our coal business, beginning with QB2, which will double our copper production on a consolidated basis.

Copper’s future is bright because of its use in electric vehicles, clean power plants and transmission lines, along with its antimicrobial properties that are attracting attention during the COVID-19 pandemic, he added.

He reiterated a commitment to consider selling Teck’s minority stake in the Fort Hills oilsands mine in northern Alberta if the value of the project is not reflected in its share price.