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TECK RESOURCES LTD (TECK)
NYSE · Mining · Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Core research established · 4/4 core data layers currently established
What TECK RESOURCES LTD does
in British Columbia were previously subject to the provincial Carbon Tax Act ("CTA"). On April 1, 2024, the Province of British Columbia transitioned the regulation of industrial facility green house gas ("GHG") emissions from the CTA to an Output-Based Pricing System ("OBPS"). Under the OBPS, industrial facilities whose emissions exceed their permitted amounts will have a compliance obligation. OBPS compliance obligations will be met through payments or the use of offsets or credits. We may in the future face similar emissions regulation or taxation for our activities in other jurisdictions. Similarly, Teck Resources Limited 57 2025 Annual Information Form customers of some of our products may also be subject to new emissions costs or taxation in the future in the jurisdictions where the products are ultimately used.
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