Teck sees 1 mil mt cut to Q1 coking coal sales, cites British Columbia weather

摘要

Canadian miner Teck Resources expects its metallurgical coal sales in the first quarter of 2020 will be cut by 1 million mt due to bad weather in British Columbia, it said. Teck expects steelmaking coal sales of 5.1 million-5.4 million mt in Q1, it said in a statement late Wednesday ahead of the release of its earnings. The weather has caused rail and terminal performance issues, with heavy snow and extreme cold in January and rock and mud slides affecting rail lines and highways, Teck said.