07:29 AM EST, 11/03/2025 (MT Newswires) -- Teck Resources (TECK-A.TO, TECK-B.TO) said Monday that it continues to advance the Quebrada Blanca copper project in Chile, noting that it could become one of the world's largest copper complexes once it combines with the Collahuasi operation owned by Anglo American.

Anglo American and Teck previously announced a megamerger, with the combined company Anglo Teck expected to become a top five copper producer with copper production of 1.2 million tonnes.

According to Teck, mill throughput and recoveries are running in line with expectations through October. The company is set to complete the three rock benches, with the fourth on track to be finished by the end of 2025 and the fifth in the first half of 2026.

Teck said it replaced 59% of cyclones to date to incorporate new technology, and it is on track to replace 100% of cyclones by the end of 2025.

The company added that sand drainage rates are improving since the first cyclone battery refit. It aims to complete the sand wedge in the first half of 2026, enabling transition to steady state operations in 2026.

"We have a clear path to creating tremendous value for shareholders by completing the transformative merger of equals with Anglo American and continuing to advance the ramp up and optimization of QB," Teck president and chief executive officer Jonathan Price said.

"Integrating QB and Collahuasi is widely recognized as one of the most compelling industrial synergy opportunities in the industry today, and will establish one of the largest global copper complexes, unlocking additional production and value for all stakeholders," Price said.