Teck Resources Launches Operations Review, Defers Sanctioning of Major Growth Projects

MT Newswires Live
Sep 03

Teck Resources (TECK) said late Tuesday that it launched an operations review aimed at improving performance with a "detailed" QB action plan and that it is defering sanctioning of major growth projects until the Chilean project achieves steady-state operations and ramp-up objectives.

The review is expected to be completed by October.

The company also said that Chief Operating Officer Shehzad Bharmal has retired.

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