The company says it now forecasts its fourth-quarter steelmaking coal sales at 5.2 million to 5.7 million tonnes, compared with earlier expectations for between 6.4 million and 6.8 million tonnes, due to the disruptions in rail shipments to terminals in the B.C. Lower Mainland.
Teck, which has diverted shipments to Ridley Terminals in
Steelmaking coal production this year is expected to be between 24.5 million and 25 million tonnes, compared with previous guidance for nearly 25 million tonnes.
Teck estimated its 2021 annual adjusted site cash cost of sales to be about
However, the company says the increased costs are more than offset by strong steelmaking coal prices. The average steelmaking coal price for the three months ended
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Companies in this story: (TSX:TECK.B, TSX:TECK.A)
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