https://newsletter.en.creamermedia.com
Coal|Resources|Steel|Terminals
Coal|Resources|Steel|Terminals
coal|resources|steel|terminals

Teck provides metallurgical coal update

7th October 2022

By: Creamer Media Reporter

     

Font size: - +

Toronto-listed Teck Resources said on Thursday that its third-quarter steelmaking coal sales were 5.6-million tonnes, which was within its revised guidance of 5.5-million to 5.9-million tonnes.

The realised steelmaking coal price, however, declined in the quarter, averaging $304/t. This would result in negative provisional pricing adjustments of $191-million in the third quarter.

Teck last month lowered its third-quarter steel sales guidance to reflect the impact of operational halts at its Elkview steelmaking coal hub owing to a structural failure of the plant feed conveyor belt, as well as the labour action at Westshore Terminals.

Prior to this, the miner’s guided range was 5.8-million to 6.2-million tonnes for the quarter.

Edited by Creamer Media Reporter

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
RioCarb
Rio-Carb

Introducing the Rio-Carb Smart Chute Concept - a revolutionary advancement in materials handling, designed for the toughest industries like mining...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:4.951 5.042s - 190pq - 2rq
Subscribe Now