Teck says Quintette slightly delayed, experiments with new shipping options

摘要

Teck Resources sold 6.7 million tonnes of coal in the second quarter, which puts it on track to export 27 million tonnes of coal this year. Production was down by 700,000 tonnes at the Elk Valley mine in the quarter due to the CP Rail strike. Teck CEO Don Lindsay said the company is very pleased with its coal expansion plans. During the conference call, an analyst asked Lindsay if Teck remains committed to expanding production at properties it already owns, instead of purchasing new properties. "The landscape favors buy versus build, but they're still the same assets," Lindsay said. "At the moment we haven't changed our plan."