5 Biggest Canadian Mining Companies

4. Teck Resources Limited (NYSE:TECK)

2023 Revenue: $11.12 billion

Let’s talk about Teck Resources Limited, a major player in the mining world. Teck Resources Limited (NYSE:TECK) used to go by Teck Cominco until 2008 and are based out of Vancouver, British Columbia. Teck Resources is all about mining and developing minerals, like coal for the steelmaking industry, copper, zinc, and energy.

In the fourth quarter of 2023 ending 31 December, Teck Resources Limited (NYSE:TECK) pulled in an impressive $1.7 billion in adjusted EBITDA and hit $6.4 billion for the whole year. How did they do it? Well, thanks to strong prices for steelmaking coal and copper, along with selling more steelmaking coal. They also made $694 million in profit from continuing operations before taxes in Q4 2023, and raked in $3.9 billion for the year.