Teck Resources (TCK +9.7%) enjoys a boost from surging copper prices and despite a downgrade...

|About: Teck Resources Limited (TCK)|By:, SA News Editor

Teck Resources (TCK +9.7%) enjoys a boost from surging copper prices and despite a downgrade from Dahlman Rose. The firm lowers its outlook on metallurgical coal due to slowing global growth, particularly in China, and expects limited upside for met-exposed names like Teck as supply-demand conditions play through until H1 of next year.