Subsidy Tracker Parent Company Summary
Parent Company Name:
Teck Resources
Ownership Structure:
publicly traded (ticker symbol TECK)
Headquartered in:
Canada
Major Industry:
mining and minerals
Specific Industry:
mining
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $269,106,635 | 6 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $269,106,635 | 6 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1990. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2005.
Time Period for Federal Awards:
FY2000 to the present
Notes:
The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
COMINCO; RED DOG MINE; TECK
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Alaska | $267,000,000 | 1 |
| Washington | $2,106,635 | 5 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Red Dog Mine | Alaska | state | 1990 | $267,000,000 | infrastructure assistance | |
| Teck Resources | Alaska | state | 1990 | $180,000,000 |
MEGADEAL  |
|
| Teck Resources | Alaska | state | 1999 | $87,000,000 |
MEGADEAL |
|
| TECK WASHINGTON INC | Washington | state | 2010 | $456,573 | tax credit/rebate | |
| TECK WASHINGTON INC | Washington | state | 2011 | $415,418 | tax credit/rebate | |
| COMINCO AMERICAN | Washington | state | 2005 | $411,548 | tax credit/rebate | |
| COMINCO AMERICAN | Washington | state | 2006 | $411,548 | tax credit/rebate | |
| COMINCO AMERICAN | Washington | state | 2007 | $411,548 | tax credit/rebate |
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