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08 Dec
18:41

Teck lowers met coal forecast on harsh weather

Canadian metallurgical coal miner Tech Resources is lowering its full-year sales and production forecast due to severe weather impacting its operations in British Columbia. Rail service in the region has been affected by heavy rains, flooding, and mudslides, causing service disruptions and reduced operating levels, Kallanish learns from the company. As a result, Teck is lowering its fourth quarter steelmaking coal sales forecast from 6.4-6.8 million tonnes to 5.2…
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