Teck's Quebrada Blanca mine reported a 92% drop in losses during the first quarter of 2026, reaching US$8 million. Copper sales grew significantly driven by higher production and metal prices.
Quebrada Blanca reported to the Financial Market Commission revenues of US$934 million in the first quarter, a 142% increase from the same period in 2025. Copper production reached 56,000 tons, up 31% from the previous year.
Teck CEO Jonathan Price said the team achieved consistent performance with record quarterly copper sales. Executive Vice President and Chief Financial Officer Crystal Prystai highlighted the highest sales volumes in history and a record average price of US$5.83 per pound of copper.
Copper concentrate sales totaled US$899 million, while molybdenum contributed US$35 million with production of 640 tons. Teck remains focused on operational performance and the merger with Anglo American.
