Overview

• Teck began a comprehensive review of its Quebrada Blanca operations with assessments of operating plans and input from third-party experts, targeted for completion next month.
• Chief operating officer Shehzad Bharmal is retiring after about a year in the role.
• The company appointed an unnamed adviser with 30 years of experience to support CEO Jonathan Price and accelerate work at the tailings facility and across operations.
• Engineers are testing tailings drainage fixes that include using coarser sand and changing where the sand is placed to improve water flow.
• Teck will defer sanctioning major growth projects until QB achieves steady-state operations and meets ramp-up targets.