1 Minute Read by Reuters Staff Reuters, July 6 – Teck Resources Ltd, a Canadian miner, predicted that third-quarter steel-making coal sales would be affected by 300,000 to 500,000 tonnes owing to train transit disruptions caused by wildfires in British Columbia on Tuesday. In Toronto, the company’s stock fell 4.9 percent, while its stock on the New York Stock Exchange fell 5.7 percent. Damage to the rail line near Lytton has affected train service between Teck’s steel-making coal plants and west coast terminals, the firm said. The small western Canadian hamlet of Lytton has been destroyed by a forest fire that started after three days of record-breaking heat. [reut.rs/3At77Yl ] [reut.rs/3At77Yl ] The company, which sold 6.2 million tonnes of steel-making coal in the first three months of the year, said sales in the second quarter were unaffected because the outage started on the last day of the period. Rithika Krishna contributed reporting from Bengaluru, and Sriraj Kalluvila edited the piece./n
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