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Teck confirms QB2 delay and cost increase

Teck Resources has updated its capital estimate for the Quebrada Blanca Phase 2 copper project in Chile to US$5.2 billion with a go-forward funding requirement estimated at $3.9 billion.

Teck confirms QB2 delay and cost increase Teck confirms QB2 delay and cost increase Teck confirms QB2 delay and cost increase Teck confirms QB2 delay and cost increase Teck confirms QB2 delay and cost increase

QBII in Chile

The estimate is a slight increase from the $5-5.2 billion prior estimate with cost escalation partially offset by the impact of a weaker Chilean peso. Teck approved the $4.

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