Teck Resources Sees FY24 Copper Production 420,000-455,000 Tons
Portfolio Pulse from Benzinga Newsdesk
Teck Resources has released its production and sales guidance for fiscal year 2024. The company expects to produce 420,000 to 455,000 tons of copper and 565,000 to 630,000 tons of zinc. Refined zinc production is projected at 240,000 to 250,000 tons. For Q4 2024, Red Dog zinc in concentrate sales are expected to be between 155,000 and 185,000 tons. The net cash unit costs for copper and zinc are also provided.
October 24, 2024 | 11:58 am
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Teck Resources has provided its FY24 production guidance, expecting significant copper and zinc output. This could influence the company's revenue and cost structure.
The production guidance indicates a strong output of copper and zinc, which are key revenue drivers for Teck Resources. This could positively impact the company's financial performance if market conditions remain favorable.
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