Teck Q2 FY26 profit before taxes more than doubled to $1.5 billion; adjusted EBITDA rises 204% to $2.2 billion

• Teck posted Q2 2026 profit before taxes of $1.5 billion, up $1.3 billion from Q2 2025.
• Adjusted EBITDA (non-GAAP) rose to $2.2 billion; adjusted EBITDA margin widened to 61% from 36%.
• Cash flow from operations climbed 1,852% to $1.7 billion; cash balance rose $1 billion in H1 2026 to $6.1 billion.
• Copper revenue increased 80% to $2.7 billion; realized copper price rose 40% to US$6.09/lb.
• Teck maintained 2026-2028 copper production guidance; merger with Anglo American remains targeted for 12-18 months from Sep. 2025 announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teck Resources Limited published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.