Teck announces maintenance shutdowns at two Chilean operations

Jonathan Price President and CEO Teck Resources Limited
Jonathan Price President and CEO - Teck Resources Limited
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Teck Resources Limited has announced a mechanical issue at its Carmen de Andacollo (CdA) Operations in Chile, necessitating a maintenance shutdown of the SAG mill. The company estimates that production will be interrupted for about one month to carry out repairs. To mitigate the impact of this interruption, CdA plans to reschedule other planned plant maintenance to coincide with the mill downtime. Teck does not anticipate a significant impact on production and maintains its previously disclosed guidance for 2025 total annual copper production and CdA’s 2025 annual copper production.

Additionally, Teck reported an unrelated temporary outage of the shiploader at the Quebrada Blanca (QB) port facility in Northern Chile. Preliminary estimates suggest that repairs will take approximately one month. Despite this, operations at the QB mine and plant continue as usual, with alternative ports available for shipping. As such, Teck expects no material sales impact from this outage and maintains its previously disclosed guidance for QB’s 2025 annual copper production.

The release contains forward-looking statements under U.S. and Ontario securities laws, identifiable by terms like “may,” “estimate,” “could,” “expect,” and others. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected.



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