![](https://www.mining.com/wp-content/uploads/2018/12/teck-chooses-sumitomo-develop-chilean-copper-project-1-2b-deal.jpg)
Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal
Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.