Most of the QB2 build was financed by debt & their partner.

Teck's initial plan was to pay around $700 US out of pocket to generate around $700 US of EBITDA per year (60% ownership - first 10 years) with copper at $3.25 US.

Per the PEA, 100% of SC represents around $600M US of EBITDA per year with copper at $3.25 US.

Not saying that QB2 is better than SC, but also not saying that SC would have been a better choice.

There's many things to consider in my opinion.

MoneyK