However, as things currently stand, Teck's
steelmaking coal business will be a cash cow and not a growth vehicle.
The company says the decrease in its adjusted profit was due primarily to lower prices and sales volumes in
its steelmaking coal business compared with a year ago.
Not exact matches
While
steelmaking coal is Teck Resources» biggest moneymaker, the company doesn't currently have any plans to grow the
business.
Copper, one of four
business units at Teck besides
steelmaking coal, oil and zinc, is a priority for the company