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Teck Resources Ltd
Symbol TECK
Shares Issued 483,046,012
Close 2025-08-27 C$ 45.39
Market Cap C$ 21,925,458,485
Recent Sedar Documents

Globe says Teck, others keen to strengthen Euro ties

2025-08-28 07:36 ET - In the News

Also In the News (C-OVV) Ovintiv Inc
Also In the News (C-PPL) Pembina Pipeline Corp
Also In the News (C-TRP) TC Energy Corp

The Globe and Mail reports in its Thursday edition that on Wednesday, Prime Minister Mark Carney toured a German-made 212A-class submarine built by Germany's ThyssenKrupp -- one of two companies bidding for a multibillion-dollar contract to build up to 12 new submarines for the Royal Canadian Navy. The Globe's Stefanie Marotta writes that the pending deal is part of a broader effort from Ottawa to reduce the country's reliance on the United States for security after President Donald Trump launched a tariff dispute. Ottawa has also been looking to redraw its trade routes to wean itself off U.S. suppliers. While in Germany, Energy Minister Tim Hodgson urged German companies to choose Canada as a stable, reliable source of energy and critical minerals. Germany has been under pressure to find new sources of energy since Russia turned off natural gas taps after it invaded Ukraine in 2022. The German government is also trying to reduce the country's dependence on China for critical minerals required to power its green, digital and defence goals. Representatives from large Canadian energy and mining companies, including Ovintiv, Pembina Pipeline, Teck Resources and TC Energy, joined Mr. Hodgson on the trip to Germany.

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