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Canada's Teck says its copper projects shielded from potential Chile tax hike


By Reuters Staff
2 Min Read
TORONTO (Reuters) -Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company’s massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, Chief Executive Don Lindsay said on Tuesday.
Slideshow ( 2 images )
Chile’s lower house this month approved a bill that would sharply hike taxes on copper mining to pay for social programs.
“We trust the Chilean institutions,” Lindsay said at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday,
“The stability agreements were offered on a transparent and uniform basis under Chilean law and therefore they’re theoretically not negotiable,” he added. ....

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Canada's Teck says its copper projects shielded from potential Chile tax hike


By Reuters Staff
2 Min Read
TORONTO (Reuters) -Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company’s massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, Chief Executive Don Lindsay said on Tuesday.
Slideshow ( 2 images )
Chile’s lower house this month approved a bill that would sharply hike taxes on copper mining to pay for social programs.
“We trust the Chilean institutions,” Lindsay said at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday,
“The stability agreements were offered on a transparent and uniform basis under Chilean law and therefore they’re theoretically not negotiable,” he added. ....

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Teck Media and Investor Webcast Advisory


Teck Media and Investor Webcast Advisory
Teck Resources Limited President and Chief Executive Officer Don Lindsay will be presenting at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday, May 18, 2021 at 1:00 p.m. Eastern10:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units. The presentation will be webcast …
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer Don Lindsay will be presenting at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday, May 18, 2021 at 1:00 p.m. Eastern10:00 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units. ....

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