Under fire from investors who have called for his ouster, the chief executive of Teck Resources said the miner has weathered downturns before.
On Monday, Impala Asset Management revealed it sent a letter to Teck’s board in February, criticising CEO Don Lindsay for decisions it says have hurt the share price and saying he is overpaid. Earlier this month, an Australian hedge fund, Tribeca Investment Partners, also called for Lindsay’s replacement and said the company should divest its energy and coal businesses.