Teck Cuts 2026 Copper Net Cash Unit Cost Guidance to US$ 1.80-2 per Pound
Bitget2026/10/29 23:36- Teck Resources lowered 2026 copper net cash unit cost guidance to US$ 1.80–2.00 per pound from US$ 1.85–2.20.
- Zinc net cash unit cost guidance fell to US$ 0.30–0.40 per pound from US$ 0.65–0.75.
- Annual copper production guidance remained 455,000–530,000 metric tons; capital expenditure guidance was unchanged.
- Third-quarter copper production rose 11% to 116,000 metric tons despite severe weather; copper net cash unit costs declined 15%.
- The Anglo American merger remains expected to close 12–18 months from its September 2025 announcement, subject to regulatory approval.
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