Teck receives strike notice at Highland Valley Copper operation

By Reuters News

- Canadian miner Teck Resources TECKb.TO said on Wednesday it received strike notice from United Steelworkers Local 7619 at its Highland Valley Copper operations in British Columbia.

  • The notice entitles the union to begin strike action as early as October 24, 8:00 a.m. PT, Teck said

  • Contingency plans are in place to maintain safety and environmental management during any labor action, it added

  • Operations continue at Highland Valley Copper, according to the miner

  • Teck said it remains committed to reaching a collective agreement that is fair and reasonable for employees while supporting the operation's ongoing viability

  • The collective agreement at Highland Valley Copper expired on September 30

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.