“Our technique stays very a lot one in all natural development for the tasks that we’ve in our portfolio,” he stated.
“In fact, like all people we are able to keep related to the market to see if there’s something on the market that might provide explicit synergies.”
“In a really aggressive market when all people’s in search of the identical belongings how do you keep away from paying away the entire worth via the premium?”
In July, Teck beat second-quarter revenue estimates on the again of upper manufacturing quantity from its Quebrada Blanca (QB) copper mine in Chile and better costs.
The corporate reduce its full-year copper manufacturing steerage to 435,000 metric tons to 500,000 tons as a consequence of an anticipated fall in QB mine output.
(By Eric Onstad and Felix Njini; Modifying by Louise Heavens)