Another company is pushing back its plans in the oilsands. Teck Resources informed regulators it’s proposed Frontier mine won’t start until 2026.
The Globe and Mail reports the company provided the information in an updated file to the Canadian Environmental Assessment Agency.
It’s now five years behind the original plan. The $20.6 billion project will be built in two phases instead of four.
Teck submitted an application for the project in November 2011, and it’s moving through a joint provincial-federal review.
The site is 110 kilometres north of Fort McMurray and set to produce 260,000 barrels a day. The company estimated it would hire up to 4,000 workers during construction and up to 2,500 workers during operation. The update said construction wouldn’t start until 2019.
