Teck Provides Update on Chile Operations Maintenance

Core Viewpoint - Teck Resources Limited announced mechanical issues at its Carmen de Andacollo (CdA) Operations in Chile, leading to a maintenance shutdown of the SAG mill, but does not expect a material impact on production or sales for 2025 [1][2][3]. Group 1: Production Impact - Production at CdA will be interrupted for approximately one month for repairs, but the company plans to reschedule other maintenance to mitigate the impact [2]. - The previously disclosed guidance for 2025 total annual copper production and for CdA remains unchanged despite the downtime [2]. - An unrelated temporary outage of the shiploader at the Quebrada Blanca (QB) port facility is also expected to last about one month, but operations at the QB mine and plant continue normally [3]. Group 2: Company Overview - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition, with a strong portfolio of copper and zinc operations across North and South America [7]. - The company emphasizes responsible growth and resilience built on stakeholder trust, with shares listed on both the Toronto Stock Exchange and the New York Stock Exchange [7].