morning, you, additional any session, and by three, conclude quarter Q&A where our Fraser, be second members and thank with several myself of will we'll CFO, Jonathan Well, answer will additional I our happy good slide senior on questions. our financial and a will results with on our Price, team who followed to begin highlights, then everyone. and Jonathan color provide
our far and to operations case COVID-XX in project, solid made progress of At despite improving quarter we so projects for second quarterly and market had is best date a at So, QBX Chile. performance against the our XXXX. surge of conditions priority our our the backdrop this very largest positive
just to Let describe me how numbers review was. a few it
cases at with is recently number compared is high daily where of at XX% vaccination And XX%, suspension, of first is of year least down challenges COVID-XX wave. project with XX than Tarapaca in in of has number one cases their though on these about program. the of more at high we XXX. the XX% skyrocketed average over Most much currently occupancy there three QBX temporary with done their high have around people, vaccinated, months. and QBX dose Chile. second per had is now received still quarter, around Of a Critical total X,XXX averaging than peak number first dose. a a day larger had had following nowhere pandemic the had the QBX XX% declined, had have of second near dose. XX from of fully have day. the care million workforce is population past their the XX%. And last And to that commendable the in of its XX% workers the restarted having but During construction wave itself, impact is Chile located, has X,XXX per has recent job the region XX%. bed we the the it Thankfully, a of is a When very cases that of
a in so challenge. and large is a challenging but prevention under the COVID-XX in the these one team substantial to the has burden of the quarter of restrictions, testing The also that second has progress of has that protocols to QBX remarkable spread important conditions. and are been team been All the risen that put have our the test, hard
taking be quarantine perhaps it's PCR symptoms off we've that are has and open. center, with tested. What an like are purposes. them taking hotels for now bit sitting test traced return and taken an who they off investment contact in of peak, it's very The tested. their is in a the XX And At work, for days. individuals project are Just high. secured quarantine also they're put QX, the where PCR they more on we They averages quarantine four for the what individual in and And days. If when contact test may coast negative, permanently in They about we're New positive, they the wide were are York, returned where in then quarantine. project are those dealing in you they individuals results to monthly they color on had hotels. the XXX are
people during imagine plans, to consistency, can the the especially your that weekly So when crew combine are you or to a the operators, construction It is then, individuals you or crane quarter. with productivity, challenge. running huge welders. at what mission-critical and XX% that like, your supervisors, affected And does absenteeism,
things sight, active in resources down three cases. And are full putting a already room, finally to we and we why and in just able of very just the got three immensely is that And a last now quarter. to to chance that so we've to we people made proud, go now are strength. weeks, increase in of excited, couple about because that And during are the progress we getting
So projects. influenced progress. this will The can heavily an hope the make XX is COVID we up next date, tale to entirely be two project for months project, different full a and we of by where
reflecting results our supply We upgrade to and exciting price compared improvement or of XXX%, there The component was ramping the key the equipment site. chain, cost a to spot expect time, Neptune securing is according low QBX is up production planned. upgrade before by the it continue than double full At financial XXXX our to production week for in is lower all our QX to of our first up to quarter, cost in significant commodities. And Adjusted our performing at the see. is business. which last I last is much EBITDA in next coal year long-term a key We capacity second better QBX year. is XXXX. consolidated this and same increases with in a half across second expected steelmaking of there facility reliable copper saw was much,
line business very units. our the zinc. though, across with was met during quarter And well performed our operations in quarter. of we coal steelmaking in sales by Our our end impacted, the those guidance the were plan second quarterly government last At have Production all Columbia. in emergency and And of British the remains situation And the week. state deepest very difficult. extend We the declared condolences directly affected. logistics in to a been provincial who rail our wildfires
is While B.C. they operations the negatively coal disrupted, wildfires results, our to have our at steelmaking transportation expected been did Rail business. second quarter currently our not impact are which in impact impacting services
for XXX,XXX coal to million revised with tonnes quarter. Our steelmaking sales third to are X.X expected the quarter, XXX,XXX to to guidance X.X by tonnes be reduced now million
has range Our million has million annual lowered range tonnes. CADX been tonne to XXX,XXX by have to cost guidance between production that we guidance XX transportation per by our annual And increased tonnes wildfires and CADXX a And transportation tonne. the result our to of of in coal cost it's the CADXX current think important I to per and steelmaking prices. as context context that view in within increase XX
guidance the we're range quarter, by the CADX, While during FOB rose US$XXX. cost price raising by Australian our
the through Coast business seeing flexibility that's bit contracts time, across for very the We ports, in to of more At just it little which is the generally. do and gives context some wildfires, economic vessels us three us. Ridley is West cost to a place signs we clearly the same So of cost have others due the divert ship all the to inflation for in And to trains are that like Terminals increased. in you. industry,
as commodities increases have increases such certain largely driven cost We and for gas. tires price underlying of equipment, noted in fuel, including mining the natural oil steel, by supplies, key explosives, and crude
costs. on For our operations the fuel impact largest our is
on of we and the unit in and guidance second full price costs costs our slight year year. year in have our the put EBITDA adjusted cash our costs this of in we not net an XX%, have margin for delivered upward copper we zinc, steelmaking to pressure our modest as lowered expect the changed unit site these second cash costs zinc. of Despite results total unit and full cash coal, for While cash guidance impact sales and adjusted was quarter on we half increases
proud as very for of top Corporate in that XX named we citizenship. year corporate Canada Finally, Best in companies be the which Canada, to XXth one were consecutive we the to ranked been is the Citizens XX have
X. Now, overview second XXXX results slide quarter on financial our turning of to an
Our reached all-time compared prices prices. are to in highs improved record QX significantly improved by financial QX the with Copper results commodity last average last quarter year, higher in supported than year. XX% prices
to our Jonathan minutes. that and now XX% even from million, on $XXX to diluted bottom Our realized profit two up per increasing more CFR financial line XXX% a benefited prices Profitability more with increased on And customers sales in Revenues $X.XX priced highlights X. starting XXX% units tonnes billion. with I'll $X.X around detail China through attributable were year review in premium at China slide of and million ago share were quarter almost results coal to basis. improved EBITDA few a a by $XXX steelmaking copper shareholders to prices. by second in to adjusted business million some is adjusted from which run will
compared and from consumables increased had a cost costs impact pound by same Antamina higher unit Our last had driven XXX% ago the as higher and cost period those due for than higher XX%. substantially to year But business Total US$X.XX a the well year, of $X.XX operations costs guidance increase annual expense, higher last prices. ago. unit operating Canadian in higher royalty a EBITDA is participation year was strengthening in copper workers' were the the compared and as unit which per a temporarily to EBITDA adjusted year primarily delivered production in suspended copper US$X.XX margin business was our when this in Antamina resulting strong due Production cash COVID-XX. at pound, to to pressures pound same profitability increase maintained cost We've period had copper. copper the per a of an dollar. we QX per the Despite and with than
Turning project on to our X. an update slide on QBX
effectively has As I in quarter advance of the progress to with best to significant project of Chile. construction date ongoing the wave the earlier, mentioned COVID-XX continued despite
maintain testing to COVID-XX health our order continued operate. and been and in of workers have in our which we the in and to our extensive safety protocols the COVID. Prescreening key to We on-site and managing protect success enhance communities
would otherwise gone positive that positive In cases, fact we X,XXX have XXXX site. out to have than more cases screened
achieve project government to peak on our path, with the in and of the And successfully on countries after. towards through year. overall of grinding on campaign out the with in is next workforce we remains so last declining, aggressively of week for a week half up quarter, cases and second critical very The ramping we vaccination, coupled workers first track plan expect construction levels. the late next in based rolled rates Additionally the Chile are site. With or are right COVID-XX the still which high coordination we pace workforces the in vaccination part XX% for circuit on production solid completion August, early that of we've
in tower you where the and Our all stacker, that tracked provides or made the path an separately, here six capital are billion estimate remain the And view the aerial at we the you the up progress can lastly, of wave of significant capital the making the COVID-XX result in starter advanced has our of erected, as we stage in we've and grinding will the of the concentrator been construction and background, see critical US$XXX with the forecasted mills steel progress, been the estimate for in lines on-site where have second regrinding advance Slide dome US$X.XX where area, middle large, thickeners right, of to cubic elevation in which million, see raised left which weekly has facilities. the blue. dam strong the impact COVID-XX. the shows where after can project of power cost for now that in In can grinding a contingency the bulk the and remains the reactor stage of construction meter the foreground, and the the installation And the the the building of to see go of X, impacts, dam cells, core shown including And structural and quarter. tailings can have management green, you or are currently stockpile to significantly you the advanced the see XXX XX cells just flotation and X, mechanical copper photo continue flotation the concentrator installation in substitution. mechanical we middle the of facility, place. behind for escalation. we updated Slide longest in the
jetty Slide additional are to the XXXs, fleet pile from are of jack-up well. some tech and the mine advancing commenced and the onshore X, We continuing to fronts progress utilize which CAT work in temporary shows fund offshore performing we've our fleet new driving. the we a two and Jetty of island, work our have advance barge now where from
As materials backfill. is left, water we the the trench development with And platform now the pipeline shows have teck.com you'll the and call with to right I, press effectively the and on pipe to of of of progress them pipe see view our release. you on our pipeline port in on welding find now the project photo a way advancing which in back posted encourage quarterly on right, we are latest and in more string the and will workings. QBX, and focused placement stringing, To quarterly latest pipeline section X, welded the our welding the the video see our QX conference Slide you right the for of concentrate Investors ready watch gallery, complete, links
longer increasing business business are our total the zinc unit. cash zinc half with year, Dog sales results XXXX reminder a flagged US$ production as previously we behind the Antamina XXXX cash in last us. through our and And the available per inventory second of zinc-related the with XX% to volumes. Dog, cost in as charges Trail, of cost production sale planned that. higher now had for compared treatment maintenance, same XX,XXX mining for unit has XXXX which we in our Red lower volumes related period guidance production roaster were XX. X.XX Red resulted the sale for copper impacted unit first material at summarized year. on annual lower But of tonnes, of which higher pound reflect now than unit zinc in are for cost this concentrate Dog Slide in results Red by operations Next, quarter the reported strong of And our sale for and are and higher lower and was line financial performance quarter was with is zinc
commenced Looking forward XXX,XXX and on and for Red guidance season July QX Dog XX Red Dog's is shipping zinc tonnes. our to concentrate sales XXX,XXX
increased also year to concentrate cost lowered our higher zinc than range zinc feed Trail quarter. we've at Red pound expect cash year lowered by tonnes production tonnes. per to guidance planned to XXX,XXX we to XXX,XXX Dog. XXXX to down longer $X.XX We've guidance availability For We've our XXX,XXX full to And for maintenance and of tonnes refined zinc to per our lower the guidance $X.XX sources and net full range the tonnes production $X.XX due concentrate quality full XXX,XXX production XX,XXX unit during range by XX,XXX pound. roaster year by
would we that China second the our quarter record new CAD prices CFR a be tonne per range similar anticipated were Turning with ago. our LPO as were tonne mute that production customers guidance high operations as X of guidance coal sales Adjusted price site of X.X was to average X thanks to the a tonne. And of per And year. XX million quarterly did lower expansion around prices. line $XXX all high a cost tonnes around the and you all-time just And range end which our year includes cash In $XXX, set at million XX. our CAD than appreciated. are sales on on last to China the at our to CFR remain in sales Chinese Slide first tonnes steelmaking and quarter if realized earlier business the
expected been which disrupted annual earlier impacting production year annual costs our volumes per services our result fuel to have currently our which above transportation CAD steelmaking volumes wildfires mentioned a in as were and coal. a higher XX And Our impact our and year costs in than expected tonne of full guidance of B.C., third as transportation negatively and tariffs. range quarter surcharges is was and rail I are higher ago sales operations
reduced X.X X.X Our third million third quarter quarter. coal tonnes and expected be in now to XXX,XXX million the to to by expect sales tonnes of are XXX,XXX steelmaking sales we
sales to We prioritize favorable and will which to result realization. to expected to continue continue available volumes China spot is price
We million in continue X.X previous is China XXXX unchanged to target tonnes sales of and to that from guidance.
And to it XXX,XXX risen annual $XXX to between XX guidance during annual increased increase tonnes X to million important has to $XX our is per million Our been Again, cost have context prices of range coal transportation by by view current which in the lowered steelmaking guidance tonnes. by the and cost tonne quarter. $XX. production range we CAD this XX have
guidance our of the sales We full have not adjusted cost cash year. increased for
pressure on due are second coal expected in adjusted to business in wildfires input XX. cost we our an coming impact steelmaking of sharp increase XX%. quarter, unit to In expect QX. the the delivered higher in the upward B.C. Slide However performance And to quarter, in the half range. cost latter the end and costs of financial the reflect inflation our third of margin at in EBITDA that prices result the of the occurred
steelmaking August indicated ramp-up is our project and fully continued loading. the on Neptune are we've And big be the XX, then ramp-up. handling to site-wide the phase. on and months a unloaded earlier, to April railcar in number I vessel train and commissioning on coal using moved port dumper first new As the anticipated for double September was since double
the double posted of affect the the section excess meters will complete gave up to and is of at the of the gallery went for the site-wide component Neptune preventative us reliable to the tonnes of and it our upgrade into throughput see single which with the disruption key release. ever to opportunity Neptune two on latest is progress as us which capable maintenance. the the world-class And quarterly conference for of to a tonnes to QX at our the first the the our loads million And ramp-up and pause steelmaking excellent in XXX,XXX drive that long-term largest not We weeks bunch it XX and XXX very a cars Neptune to long Terminal loaded position as wildfires. are it see comes annum. double materials see exciting. XX.X vessel dumper. Terminal, we used watched is photo our the project be arm chain move of our climb to the of have the We're really and of new see It of down was paused and indexer in to site-wide link business. ramp-up more that shows which a up project, system coal cape-size This combination indicating with July call a press supply Slide teck.com of quarterly in in can pleased seeing per and phase, dumper, latest result and a terminal XX at low-cost train with due our is photo technology. between rail the for shows times trains advanced the handling processing Neptune the you dumper, Slide should the Investors loading.
second for summarized unit. quarter which Results are business the on Turning XX. to slide our Energy
year. Western Our QX results last prices reflect with compared improvement and select material realized in price a Canadian
costs in we well than therefore to in operational and operation mine. has managing of scope subsurface deep encountered ramp-up will inflow contract higher from additional the two-train slower-than-planned in However, ore XXXX. delayed require challenges planned, this the quarter for end subsequent challenges as resulting issues The stripping, unit lower operating been overburden stripping. offset a around that has as was lost the a of aquifers. July, until There by to groundwater the ramp-up need mining And due been additional overburden production, to main shallower and partially
per pass results. guidance the $XX And challenges, by X range and X.X increased of operating the adjusted our some guidance result XXXX million to will our by million for that, million have I barrels million mining range also to to to for barrels operational over issues lowered we XX cost X $XX the with a CAD barrel Jonathan XXXX As comments year. per financial to barrel. X.X production We've our on to