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Investments in Joint Venture | 12 Months Ended
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Dec. 31, 2023
Interests In Other Entities [Abstract] |
Investments in Joint Venture | 16. Investment in Joint Venture In August 2015, Teck and Newmont Corporation (Newmont) announced an agreement to combine their respective Relincho and El Morro projects, located approximately 40 kilometres apart in the Huasco Province in the Atacama Region of Chile, into a single project. The combined project is a joint arrangement that is structured through a separate vehicle, classified as a joint venture named NuevaUnión, where Teck and Newmont each own 50%. The net assets of NuevaUnión substantially relate to exploration and evaluation assets.
(CAD$ in millions) |  | NuevaUnión
At January 1, 2022 |  | $ | 1,060 |
Contributions |  | 4 |
Changes in foreign exchange rates |  | 73 |
Share of profit |  | 4 |
Other |  | (2) |
At December 31, 2022 |  | $ | 1,139 |
Contributions |  | 2 |
Changes in foreign exchange rates |  | (27) |
Share of profit |  | 2 |
At December 31, 2023 |  | $ | 1,116 |

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- Definition The disclosure of investments accounted for using the equity method. [Refer: Investments accounted for using equity method] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition Interests In Other Entities [Abstract] + References No definition available. + Details
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