Teck reports record copper production, awaits regulatory approval of Glencore deal [Financial Post (Toronto, Ontario, Canada)]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
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Source: Financial Post
to produce more of the critical mineral while preparing to exit the coal business as soon as a blockbuster deal with Glencore takes effect. The Vancouver-based miner reported Thursday that its fourth-quarter profit rose compared with a year earlier as it ramped up operations at its Quebrada Blanca, or QB2, mine in Chile. Article content Article content It reported a profit attributable to shareholders of $483 million or 92 cents per diluted share for the quarter ended Dec. 31, up from $266 million or 51 cents per diluted share a year earlier. Copper production in the quarter totalled 103,000 tonnes of copper, up from 65,000 tonnes a year earlier. The bulk of that growth came from Quebrada Blanca, where production of copper in concentrate was 34,300 tonnes in the fourth quarter and 55,500 tonnes for the year. Teck also saw increased production from its Highland Valley copper operations in B.C. and its Antamina copper mine in Peru. Teck, which has made no secret of the fac
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PKX
Sec Filings
- 4/29/24 - Form 20-F
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- PKX's page on the SEC website