there are likely a number of factors that could possibly explain the difference. Here are a few imo
On the CF side of the reported C1:
- LT commodity prices used were lower?
- CF has to be very careful and conservative with what they publish about Teck's project.
- The referenced $1 C1 figure comes from our PEA (?, not sure). A PEA would use a rudimentary and conservative approach to estimating economics
- The $1 figure is in Cdn $? If so then its equal to $0.72 USD
On the Teck side of the reported C1:
- LT commodity prices used were higher?
- The $0.50-0.60 figure comes from an analysis that has been (marginaly) oprtimized for ten years?
- The figure is in USD so $0.60 USD for example equals $0.82 Cdn (just an 18 cent difference w/$1 Cdn)
- Teck's fine print indicates that all resources, i.e. M,I and also Inferred are used in their economic analyses which BTW is not 43-101 compliant reporting and CF would never do that
I can only imagine how amazing the C1 cash cost really is with a legitimate optimization.
JMHO