Teck details suspension impact on QB2 cost and schedule

Construction activities at the Quebrada Blanca Phase 2 (QB2) copper project remain suspended, in line with the Chilean government’s efforts to curb the spread of coronavirus.

Initially only a two-week suspension, construction activities are still on hold and Canadian diversified major Teck Resources says it could not say for certain when its workforce will be able to return to site.

But every extra week that the project stands still will add millions of dollars to its cost and will delay the completion of the copper mine by several more weeks.