Fitch Affirms Teck Resources' IDR At BBB; Outlook Stable

By RTT News,  March 21, 2013, 05:35:00 PM EDT


(RTTNews.com) - Fitch Ratings said Thursday that it has affirmed the Issuer Default Rating of Teck Resources Ltd. ( TCK ) at 'BBB' along with Teck's outstanding debt.

The Rating Outlook is Stable.

Fitch said the ratings reflect Teck's strong liquidity, modest financial leverage, long lived reserves, leading low cost position in zinc, its leading position in the seaborne hard metallurgical coal market, and solid core position in copper.

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This article appears in: News Headlines

Referenced Stocks: TCK



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