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Teck profit drops by almost 67% on weak coal prices

Cecilia Jamasmie | October 27, 2020 | 3:53 am Top Companies Canada Latin America USA Coal Copper Oil & Gas 

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, saw third-quarter adjusted profit fall by 66.6% as steelmaking coal prices collapsed in the period and covid-19-related restrictions continued to hit the commodities market. Gross profit before depreciation and amortization reached $703...

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