Strike to hit Teck's Quebrada Blanca copper mine on Wednesday-Shanghai Metals Market

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Strike to hit Teck's Quebrada Blanca copper mine on Wednesday

Company News 09:56:29AM Dec 13, 2017 Source:SMM

SHANGHAI, Dec.13 (SMM)-A strike is going to hit Teck Resources’ copper mine Quebrada Blanca in Chile on Wednesday due to a failure to agree on contracts mediated by the government, the mine’s labor union said on Tuesday.

The mine has produced 17,300 mt of copper this year. Teck Resources is considering to invest $4.7 billion for the mine for a second-stage exploration and would make the decision in the second quarter of next year.

SMM believes the strike will have little impact on copper supply due to its relatively small output.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  Chile   copper   strike 

Strike to hit Teck's Quebrada Blanca copper mine on Wednesday

Company News 09:56:29AM Dec 13, 2017 Source:SMM

SHANGHAI, Dec.13 (SMM)-A strike is going to hit Teck Resources’ copper mine Quebrada Blanca in Chile on Wednesday due to a failure to agree on contracts mediated by the government, the mine’s labor union said on Tuesday.

The mine has produced 17,300 mt of copper this year. Teck Resources is considering to invest $4.7 billion for the mine for a second-stage exploration and would make the decision in the second quarter of next year.

SMM believes the strike will have little impact on copper supply due to its relatively small output.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  Chile   copper   strike