Teck Resources plans to rebalance its portfolio to reduce its exposure to steelmaking coal and focus instead on growth in copper, the company's chief executive officer said.
Don Lindsay told Bank of America's Global Metal, Mining & Steel conference that future growth in copper will come from a combination of organic growth at existing projects, exploration and strategic mergers and acquisitions.Teck is a significant copper producer in the Americas, with four operating copper mines and a pipeline of development projects in North and South America. It is also the world's largest net miner of...