After selling its high-quality metallurgical coal business in mid-2024, Teck is primarily a copper miner. There are considerable differences in cash costs within the company's copper portfolio: The ...

We reduce our fair value estimate for no-moat Whitehaven to AUD 9.00 per share, down from AUD 9.60, driven by lower thermal and metallurgical coal prices, partially offset by a weaker AUD/USD exchange ...