After searching through similar issues it looks like the problem is somehow caused by the location (F:\quip) in which the build is done (is it a network drive by chance?).
See https://github.com/rust-lang/cargo/issues/2990 https://github.com/rust-lang-nursery/rustup.rs/issues/682 https://github.com/rust-lang-nursery/rustup.rs/issues/999 https://github.com/rust-lang/rust/issues/40282 https://github.com/rust-lang/rust/issues/43801 and https://github.com/rust-lang/rust/issues/40282#issuecomment-330097638 in particular.
So the immediate workaround could be to move the project somewhere else.