Teck CEO: Hope to Meet Debt Target in 1Q

Teck Resources CEO Don Lindsey discusses the company's outlook on coal and copper prices, debt reduction strategies, and future investments. The company aims to reduce its debt to below $5 billion by the end of the first quarter, while also focusing on significant projects like Port Hills and QB2. Capital allocation priorities include revisiting dividends and considering share buybacks. The Fort Hills project is expected to start generating cash by 2019, with oil prices being a key factor. The company remains open to asset spinoffs but focuses on building a strong Canadian resource company with long-term assets.

How does Teck Resources plan to manage its capital allocation in 2017?

What is the company's approach to dividends in relation to debt reduction?

What factors does Don Lindsey consider when discussing oil prices and cash flow?