Teck Resources Ltd.

TECK · NYSE TECK.A · TSX TECK.B · TSX

teck

$27.0B

USD

Market cap · 2026–07 · week 29

🇨🇦 Canada, Vancouver

Country

Diversified

Sector

Producer · Senior · Copper · Zinc · Canada · Chile · USA

Last updated 21 June 2026

Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.

Overview: Teck Resources Limited is a senior base-metals producer headquartered in Vancouver, Canada, with primary operations in the Americas. The portfolio consists of 5 operating mines and 1 large metallurgical complex, alongside an advanced pipeline of development projects. Key assets include Quebrada Blanca, Highland Valley Copper, Antamina, and Red Dog. The business model focuses on the responsible production of copper and zinc, which are essential for global economic growth and the energy transition. Processing capabilities include the Trail Operations, one of the world's largest fully integrated zinc and lead smelting and refining facilities. A defining competitive characteristic is the company's pure-play critical-minerals strategy following the 2024 divestment of its steelmaking-coal business. The combination of producing copper and zinc mines, an integrated metallurgical complex, and an advanced copper-growth pipeline supports a growth-oriented production profile. This focus underpins the company's exposure to energy-transition metals. The business remains subject to mineral price cycles, with marketability affected by worldwide economic conditions and macroeconomic factors beyond the company's control.

Strategy: Strategic focus centers on maximizing productivity and efficiency at existing operations while advancing an industry-leading copper-growth pipeline. The enterprise intends to balance value-driven growth with returns to shareholders and the maintenance of a strong balance sheet. A core objective is the successful ramp-up of the Quebrada Blanca operation and the execution of the Highland Valley Copper Mine Life Extension project, which will extend the life of Canada's largest copper mine to 2046. The organization progresses high-value copper projects, including Zafranal and San Nicolas, toward sanction readiness through detailed engineering and permitting. Capital allocation is prioritized to advance these high-return growth opportunities while supplementing the base dividend with at least 30% of available cash flow. This combination of operational optimization, copper-pipeline advancement, and capital returns underpins the company's strategy. The Quebrada Blanca ramp-up and the Highland Valley extension are central to the company's long-term copper production. The Zafranal and San Nicolas projects support the company's longer-term growth. The base dividend supplemented by available cash flow reflects the company's commitment to shareholder returns.

Management: Executive leadership is headed by President and Chief Executive Officer Jonathan H. Price. The Board is chaired by Sheila A. Murray, with Norman B. Keevil III serving as Vice Chair. The 11-member Board of Directors oversees corporate strategy through standing committees, including Audit, Compensation and Talent, Corporate Governance and Nominating, Safety, Operations and Projects, and Sustainability. Governance practices are structured to oversee corporate strategy and manage risk across the company's operations. The leadership team's operating and capital-markets experience supports the company's pure-play copper-growth strategy. Board oversight of safety, operations, and sustainability matters reflects the operational and environmental dimensions of the company's copper and zinc operations. The dedicated Safety, Operations and Projects Committee reflects the company's emphasis on execution of its growth pipeline. This governance structure keeps capital discipline and project execution central to executive accountability. The independent board oversight reinforces accountability for the company's strategy. The leadership team's focus on copper growth supports the company's pure-play critical-minerals strategy.

Sustainability: The organization's sustainability framework is guided by a commitment to safe workplaces, collaborative community relationships, and environmental stewardship. A key environmental initiative involves achieving 100% renewable power across all Chilean operations by the end of 2025. The company implements a global Life Saving Commitments program to reinforce consistent safety practices and has expanded mental-health first-aid training to over 90% of frontline supervisors. All of the entity's operations are verified and recognized through The Copper Mark and The Zinc Mark programs for environmental and social performance. The enterprise is subject to the Output-Based Pricing System in British Columbia and routinely evaluates emerging abatement opportunities to deliver cost-competitive greenhouse-gas emissions reductions. These initiatives connect the company's renewable-power transition with measurable safety and responsible-production outcomes. The Copper Mark and Zinc Mark verification reflects the company's adherence to responsible-production standards. The Chilean renewable-power commitment is central to the company's emissions-reduction progress. The Life Saving Commitments program reflects the company's emphasis on consistent safety practices.

Structure: A significant structural change occurred in July 2024 when the company completed the sale of its remaining 77% interest in its steelmaking-coal business, Elk Valley Resources, to Glencore plc for US$7.3 billion, following a January 2024 sale of a minority stake to Nippon Steel Corporation and POSCO. In September 2025, the enterprise announced a merger of equals with Anglo American plc to form Anglo Teck plc, a transaction approved by shareholders in December 2025 and subject to customary closing conditions. The corporate structure includes joint-venture interests in Antamina at 22.5%, Galore Creek at 50%, NewRange at 50%, San Nicolas at 84%, and NuevaUnion at 50%. A long-term streaming agreement with Franco-Nevada Corporation obligates the delivery of 22.5% of payable silver sold by Antamina, while 100% of gold production from Carmen de Andacollo is sold to Royal Gold, Inc. These arrangements completed the company's transition to a pure-play base-metals producer and set the stage for a transformational combination. The Elk Valley divestiture funded the company's copper-focused strategy. The announced Anglo American merger is a defining feature of the company's structure. The joint-venture interests provide the company with exposure to a pipeline of copper-growth assets.

Hedge: The company uses derivative contracts to manage exposure to fluctuations in commodity prices and to avoid mismatches in pricing-reference periods. As of December 31, 2025, the outstanding hedge book includes zinc swaps covering 226 million pounds at an average purchase price of US$1.39 per pound and sale price of US$1.41 per pound, copper swaps covering 47 million pounds at an average purchase price of US$5.63 per pound and sale price of US$5.31 per pound, and lead swaps covering 72 million pounds at an average purchase price of US$0.90 per pound and sale price of US$0.89 per pound, all maturing in 2026. The enterprise also manages foreign-currency translation risk by designating a portion of its US-dollar-denominated debt as a hedge against its net investments in US-dollar functional-currency subsidiaries, with US$315 million designated in this relationship at year-end. This pricing-alignment and translation-focused approach manages the company's near-term price and balance-sheet exposures while leaving the bulk of production exposed to prevailing prices.

Source: Teck Resources Limited - Annual Report - 2025

Portfolio Aggregate · 1 project

Portfolio mode — asset rows are for context only; tab totals use the company aggregation.

Teck Resources - Consolidated Portfolio

Portfolio

Canada

Open project page

Mining

Type

Operating

Status

🇨🇦 Canada

Country

Project information

As at 31 December 2025

Aggregation level: Company portfolio

Report standard: Ni 43 101

Ownership %: 100

Operator: Yes

Extraction: -

Description

As at 31 December 2025

Consolidated copper-zinc portfolio of Teck Resources after the July 2024 divestiture of the steelmaking coal business (EVR) to Glencore. Reportable segments are Copper (Quebrada Blanca, Highland Valley, Antamina 22.5%, Carmen de Andacollo 90%) and Zinc (Red Dog, Trail Operations, Antamina co-product). On September 9, 2025 Teck entered into an arrangement agreement with Anglo American plc for a proposed merger of equals (1.3301 Anglo shares per Teck share); approved by both companies' shareholders Dec 9, 2025, subject to remaining regulatory approvals.

Portfolio Aggregate

Multiple effective dates

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Operating · 5 projects

Quebrada Blanca

Asset · Ownership 60%

Chile, Tarapacá, Andean Porphyry Belt

Open project page

Mining

Type

Operating

Status

🇨🇱 Chile, Tarapacá (Andean Porphyry Belt)

Country

Project information

As at 31 December 2025

Aggregation level: Asset

Report standard: Ni 43 101

Ownership %: 60

Operator: Yes

Extraction: Open Pit

Description

Description

Report standard: Ni 43 101

Ownership %: 100

Operator: Yes

Extraction: Open Pit

Ore type: Sulphide

Processing route: Grinding and flotation, or CIL

Description

As at 31 December 2025

Highland Valley Copper Operations (HVC) is Canada's largest copper mine, located in south-central British Columbia. Mining occurs at the Lornex, Valley, Bethlehem and Highmont pits and is supported by an SAG and ball-mill concentrator. On July 23, 2025 Teck's Board sanctioned the HVC Mine Life Extension (MLE) project, which will extend the operation from 2028 to 2046 with average copper production of ~132 ktpa over the life of the mine. HVC MLE total project capital cost is estimated at C$2.1-2.4 billion (2025-2028); 2025 spend was C$330 million; 2026 capex guidance is C$900M-C$1.2B. Higher Lornex feed contributed to higher 2025 grades and recoveries.

Mining metrics

Multiple effective dates · exclusive

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Reserves & resources — detail

As at 31 December 2025

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Red Dog

Asset

United States, Northwest Alaska

Open project page

Mining

Type

Operating

Status

🇺🇸 United States, Northwest Alaska

Country

Project information

As at 31 December 2025

Aggregation level: Asset

Report standard: Sec S K 1300

Ownership %: 100

Operator: Yes

Extraction: Open Pit

Description

As at 31 December 2025

Red Dog is one of the world's largest open-pit zinc mines, located in northwest Alaska. Mining is currently in the Aqqaluk and Qanaiyaq pits, with Qanaiyaq scheduled to be depleted in 2026. Higher-than-average precipitation triggered slippage along a known Aqqaluk fault, forcing mining into lower-grade material. Operations include lead, silver and germanium by-products. The bulk supply and concentrate shipping season runs early July to late October (~1.2 million wet metric tonnes shipped in 2025 on 22 vessels). Teck pays NANA Regional Corporation a royalty on net proceeds of production (currently 40% since Oct 2022; +5% every five years to 50% max, next step to 45% expected Oct 2027). Red Dog Mine Life Extension (MLE), formerly the Anarraaq and Aktigiruq Extension Program, is at pre-feasibility; 2026 growth capex C$200-250 million includes all-season road and continued drilling.

Mining metrics

Multiple effective dates · exclusive

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Reserves & resources — detail

As at 31 December 2025

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Carmen de Andacollo

Asset · Ownership 90%

Chile, Coquimbo, Andean Porphyry Belt

Open project page

Mining

Type

Operating

Status

🇨🇱 Chile, Coquimbo (Andean Porphyry Belt)

Country

Project information

As at 31 December 2025

Aggregation level: Asset

Report standard: Ni 43 101

Ownership %: 90

Operator: Yes

Extraction: Open Pit

Description

As at 31 December 2025

Carmen de Andacollo (CdA) is an open-pit copper mine located in the Coquimbo Region of central Chile. Teck holds a 90% interest; the remaining 10% is owned by ENAMI, the Chilean state mining company. The mine experienced a structural SAG mill failure in Q2 2025 (~1 month downtime). Higher mill throughput in 2025 was supported by better water availability after several drought-affected years. 100% of gold by-product is sold to RGLD Gold AG (wholly owned by Royal Gold Inc.) under a long-term stream with cash payment of 15% of the monthly average gold price.

Mining metrics

Multiple effective dates · exclusive

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Reserves & resources — detail

As at 31 December 2025

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Development · 3 projects

NuevaUnión

Asset · Pre-feasibility · Ownership 50%

Chile, Atacama, Andean Porphyry Belt

Open project page

Mining

Type

Development

Status

🇨🇱 Chile, Atacama (Andean Porphyry Belt)

Country

Project information

As at 31 December 2025

Aggregation level: Asset

Report standard: Ni 43 101

Ownership %: 50

Operator: No

Operator name: NuevaUnión SpA (Teck/Newmont 50/50 JV)

Extraction: Open Pit

Description

As at 31 December 2025

NuevaUnión Cu-Au project (Atacama Region, Chile) — merger of Relincho and El Morro projects. 50:50 Teck/Newmont JV. PFS-stage. 2025 Teck balance-sheet carrying value $1,181M CAD. R&R in Teck AIF, not 2025 AR.

Mining metrics

As at 31 December 2025

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Exploration · 2 projects

NewRange (Mesaba)

Asset · Pre-feasibility · Ownership 50%

United States, Minnesota

Open project page

Mining

Type

Exploration

Status

🇺🇸 United States, Minnesota

Country

Project information

As at 31 December 2025

Aggregation level: Asset

Report standard: Sec S K 1300

Ownership %: 50

Operator: No

Operator name: NewRange Copper Nickel LLC (Teck/PolyMet JV)

Extraction: Underground

Description

Description

As at 31 December 2025

Galore Creek Cu-Au-Ag project (NW British Columbia, Canada). Teck 50% JV with Newmont. PFS-stage. R&R in Teck AIF, not 2025 AR.

Mining metrics

As at 31 December 2025 · exclusive

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Reserves & resources — detail

As at 31 December 2025

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Processing facilities · 1 project

Trail Operations

Asset · Other

Canada, British Columbia

Open project page

Project information

As at 31 December 2025

Type: Processing Facility

Aggregation level: Asset

Status: Operating

Report standard: -

Ownership %: 100

Operator: Yes

Extraction: Processing Facility

Country: Canada

Region: British Columbia

Facility kind: Other

Licensed capacity: -

Capacity unit: -

Capacity period: -

Capacity kind: -

Description

As at 31 December 2025

Trail Operations in southern British Columbia is one of the world's largest integrated zinc and lead smelting and refining complexes. It also produces critical minerals (germanium, indium, antimony) and chemicals/fertilizer products. Strategy in 2025-26 prioritised by-product processing of higher-margin stockpiled residues over maximising refined zinc, increasing lead and silver output. A Q3 2024 electrolytic zinc plant fire triggered a CAD 1.1 billion pre-tax impairment. Recycling treated 23,500 tonnes in 2025, targeting ~29,000 tonnes in 2026. Trail processes Red Dog concentrate and arms-length supply from third parties.

Processing facilities

Multiple effective dates

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Assumptions

The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.

Premium access required

This content is available on a paid plan.

Upgrade to Premium to unlock this content.

Create an account

How to read this tab

MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.

What the Portfolio tab shows

The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.

Concepts in your sector — Diversified

Diversified miners report under several codes (NI 43-101 + JORC + SEC, or mining + O&G). Portfolio presents each project under its native standard; this tab shows the full unit enum.
Cross-standard comparability caveats apply — see the categories detail sections below.

Portfolio tab — table guide

Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
Mining — one row per mining project, with columns for project name, location, status, primary commodities, production (with rating), reserves & resources (with rating), grade (with rating), costs and estimated lifetime. Multi-commodity projects emit one summary row per commodity.
Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.

Ownership / Working interest

Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.

Units, conversions & reporting standards

Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.

Each table lists the numeric band for scores 1–5 (production and resource base; grade where applicable for mining commodities) using the same thresholds as project rating stat cards. Only commodities that appear on featured projects for this document are listed.

Gold

Score

Production

Resource base

Grade

1 / 5

0–50 koz Au

0–1 Moz Au

0–1 g/t Au

2 / 5

50–125 koz Au

1–2.5 Moz Au

1–2 g/t Au

3 / 5

125–250 koz Au

2.5–5 Moz Au

2–5 g/t Au

4 / 5

250–500 koz Au

5–10 Moz Au

5–8 g/t Au

5 / 5

≥ 500 koz Au

≥ 10 Moz Au

≥ 8 g/t Au

Silver

Score

Production

Resource base

Grade

1 / 5

0–1 Moz Ag

0–25 Moz Ag

0–50 g/t Ag

2 / 5

1–3 Moz Ag

25–75 Moz Ag

50–100 g/t Ag

3 / 5

3–7 Moz Ag

75–150 Moz Ag

100–200 g/t Ag

4 / 5

7–12 Moz Ag

150–225 Moz Ag

200–300 g/t Ag

5 / 5

≥ 12 Moz Ag

≥ 225 Moz Ag

≥ 300 g/t Ag

Copper

Score

Production

Resource base

Grade

1 / 5

0–50 kt Cu

0–500 kt Cu

0–0.5 % Cu

2 / 5

50–125 kt Cu

500–2000 kt Cu

0.5–1 % Cu

3 / 5

125–250 kt Cu

2000–5000 kt Cu

1–1.5 % Cu

4 / 5

250–500 kt Cu

5000–10000 kt Cu

1.5–2 % Cu

5 / 5

≥ 500 kt Cu

≥ 10000 kt Cu

≥ 2 % Cu

Zinc

Score

Production

Resource base

Grade

1 / 5

0–50 kt Zn

0–1 Mt Zn

0–2.5 % Zn

2 / 5

50–150 kt Zn

1–3 Mt Zn

2.5–5 % Zn

3 / 5

150–300 kt Zn

3–7 Mt Zn

5–8 % Zn

4 / 5

300–500 kt Zn

7–15 Mt Zn

8–12 % Zn

5 / 5

≥ 500 kt Zn

≥ 15 Mt Zn

≥ 12 % Zn

Lead

Score

Production

Resource base

Grade

1 / 5

0–25 kt Pb

0–0.5 Mt Pb

0–1 % Pb

2 / 5

25–75 kt Pb

0.5–1.5 Mt Pb

1–2.5 % Pb

3 / 5

75–150 kt Pb

1.5–4 Mt Pb

2.5–5 % Pb

4 / 5

150–300 kt Pb

4–8 Mt Pb

5–8 % Pb

5 / 5

≥ 300 kt Pb

≥ 8 Mt Pb

≥ 8 % Pb

Nickel

Score

Production

Resource base

Grade

1 / 5

0–10 kt Ni

0–100 kt Ni

0–0.6 % Ni

2 / 5

10–25 kt Ni

100–300 kt Ni

0.6–1.2 % Ni

3 / 5

25–50 kt Ni

300–700 kt Ni

1.2–1.8 % Ni

4 / 5

50–100 kt Ni

700–1500 kt Ni

1.8–2.5 % Ni

5 / 5

≥ 100 kt Ni

≥ 1500 kt Ni

≥ 2.5 % Ni

Cobalt

Score

Production

Resource base

Grade

1 / 5

0–1 kt Co

0–20 kt Co

0–0.05 % Co

2 / 5

1–5 kt Co

20–50 kt Co

0.05–0.15 % Co

3 / 5

5–15 kt Co

50–150 kt Co

0.15–0.3 % Co

4 / 5

15–30 kt Co

150–300 kt Co

0.3–0.6 % Co

5 / 5

≥ 30 kt Co

≥ 300 kt Co

≥ 0.6 % Co

Palladium

Score

Production

Resource base

Grade

1 / 5

0–0.2 Moz 4E PGM

0–5 Moz 4E PGM

0–1.5 g/t 4E PGM

2 / 5

0.2–0.7 Moz 4E PGM

5–20 Moz 4E PGM

1.5–3 g/t 4E PGM

3 / 5

0.7–1.5 Moz 4E PGM

20–50 Moz 4E PGM

3–5 g/t 4E PGM

4 / 5

1.5–3 Moz 4E PGM

50–100 Moz 4E PGM

5–8 g/t 4E PGM

5 / 5

≥ 3 Moz 4E PGM

≥ 100 Moz 4E PGM

≥ 8 g/t 4E PGM

Platinum

Score

Production

Resource base

Grade

1 / 5

0–0.2 Moz 4E PGM

0–5 Moz 4E PGM

0–1.5 g/t 4E PGM

2 / 5

0.2–0.7 Moz 4E PGM

5–20 Moz 4E PGM

1.5–3 g/t 4E PGM

3 / 5

0.7–1.5 Moz 4E PGM

20–50 Moz 4E PGM

3–5 g/t 4E PGM

4 / 5

1.5–3 Moz 4E PGM

50–100 Moz 4E PGM

5–8 g/t 4E PGM

5 / 5

≥ 3 Moz 4E PGM

≥ 100 Moz 4E PGM

≥ 8 g/t 4E PGM

Molybdenum

Score

Production

Resource base

Grade

1 / 5

0–5 Mlb Mo

0–50 Mlb Mo

0–0.03 % Mo

2 / 5

5–15 Mlb Mo

50–200 Mlb Mo

0.03–0.06 % Mo

3 / 5

15–30 Mlb Mo

200–500 Mlb Mo

0.06–0.12 % Mo

4 / 5

30–50 Mlb Mo

500–1000 Mlb Mo

0.12–0.2 % Mo

5 / 5

≥ 50 Mlb Mo

≥ 1000 Mlb Mo

≥ 0.2 % Mo

Copper uses kt Cu bands (Mlb Cu when lb-scale copper resources appear on featured projects). Lithium grade uses hard-rock % Li₂O bands unless brine-style extraction or brine units appear on featured projects.

Assumptions

Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.