Shares of Canadian miner Teck Resources Ltd plunged over 5% in pre-market trading on Tuesday after the company lowered its copper production guidance for 2024 due to operational issues and delays at its mines in Canada and Chile.
In its third-quarter results, Teck scaled back its annual copper output forecast to 420,000-455,000 tonnes from the previous 435,000-500,000 tonnes range. The reduced guidance reflects delays in mining at the company's Highland Valley Lornex pit in British Columbia caused by labor shortages and challenges with the autonomous systems for new haul trucks.
Teck also trimmed the upper end of its production target for the Quebrada Blanca mine in northern Chile to 200,000-210,000 tonnes, down from up to 235,000 tonnes expected earlier. The company cited ongoing work to improve copper recovery and equipment reliability that will extend into the first half of 2025.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。