Teck Resources: With China Reopening This Stock Could Do Well


  • Teck Resources is very well positioned for a strong copper market in 2023.
  • I run through Teck's 2023 capex requirements. I estimate that Teck will report close to CAD$4.3 billion in 2023.
  • Assuming a 30% return, this equates to approximately 5.2% annualized return. On top of its 1% base dividend.
  • Looking for more investing ideas like this one? Get them exclusively at Deep Value Returns. Learn More »
Production of copper wire, cable in reels at factory. Cable factory.


Investment Thesis

Teck Resources (NYSE:TECK) is well positioned for the copper sector showing strength. More specifically, with China's reopening, this will stimulate copper demand, as copper is intrinsically linked to the Chinese industrial sector.

I highlight how Teck is doubling

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