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Quebrada Blanca

Quebrada Blanca Operations is a copper mine located in northern Chile.

About Quebrada Blanca

The Quebrada Blanca mine is located in Tarapacá Region of northern Chile at an elevation of 4,400 metres, approximately 240 kilometres southeast of the city of Iquique and 1,500 kilometres from Santiago.

Teck owns a 76.5% interest in the mine. The remaining interest is owned by Inversiones Mineras S.A., 13.5%, and Empresa Nacional de Minería, 10%.

Quebrada Blanca is an open pit operation, which leaches the ore to produce copper cathodes via processing in an SX-EW plant. Copper cathode is trucked to Iquique for shipment to purchasers. Mine personnel live in a camp facility, and the majority commute from large population centres, including Iquique, Arica and Santiago.

Mine life options past 2016 are being reviewed in light of current market conditions and future production plans will depend on copper prices and further cost reduction efforts.

Quebrada Blanca Operating Results

($ in millions)

2015

2014

Revenue

$ 288

$ 375

Gross Profit (before depreciation and amortization)

$ (19)

$ 118

Production (000’s tonnes)

39

48

Sales (000’s tonnes)

40

49

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Compañía Minera Quebrada Blanca S.A.

Esmeralda 340, Piso 10 Iquique
Región de Tarapacá, Chile
Office:
t: 56.57.528.100
f: 56.57.528.102
Mine Site:
t: 56.57.528.110
f: 56.57.528.264

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Teck is a diversified resource company committed to responsible mining and mineral development with business units focused on copper, zinc, steelmaking coal and energy.