Teck's Financial and Operations Outlook
Teck
Disciplined Approach to Copper Growth
Adapting our approach to project development
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Undertaking a comprehensive review of the QB2 project delivery, utilizing third party expertise
Building capability and capacity through investment in our people and processes
Next project sanctioning expected in 2025
Following our disciplined capital allocation framework
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Maintaining a robust balance sheet in line with investment grade credit metrics
Balancing growth with cash returns to shareholders
All projects compete for capital to drive strong financial returns
Prioritizing near-term development options of lower complexity and smaller scopes than QB2
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Requirements for sanctioning of future projects
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Completing construction of QB and operating at designed capacities
Incorporating lessons from comprehensive review
Advancing engineering into detailed design and completing project execution planning
Achieving progressive certainty in permittingView entire presentation