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QB2 cost overrun increases by US$50M

Teck Resources said the cost overrun for its US$5.2 billion QB2 copper mine development in Chile has increased by $50 million to $450-500 million due to the impact of the COVID-19 pandemic.

QB2 cost overrun increases by US$50M QB2 cost overrun increases by US$50M QB2 cost overrun increases by US$50M QB2 cost overrun increases by US$50M QB2 cost overrun increases by US$50M

Aerial view of grinding lines at Teck Resources' QB2 copper project in Chile

The project was 40% complete at the end of 2020 with initial production expected in the second semester of 2022, although the company cautioned that was "dependent on our continued ability to

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