The company’s realised 2Q22 metallurgical coal sales were 6.3 million t, within our previously announced guidance of 6.3 – 6.7 million t. Record steelmaking coal FOB prices resulted in an increase in the average realised metallurgical coal price in the 2Q22 to US$453/t. Teck expects to record provisional pricing adjustments of negative US$73 million in the quarter due to the decline in coal prices at quarter end.
