Fitch Ratings said Monday that it has affirmed the Issuer Default Rating Teck Resources Ltd. (TCK: Quote) at 'BBB' along with Teck's outstanding debt.
The Rating Outlook is Stable.
Fitch said the ratings reflect Teck's modest financial leverage, long-lived reserves, leading low-cost position in zinc, as well as its leading position in the seaborne hard metallurgical coal market, and solid core position in copper.
Click here to receive FREE breaking news email alerts for Teck Resources Limited and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org