Phone: 780-420-1030                  Fax: 780-425-4623

TECK RESOURCES LIMITED

Teck is Canada’s largest diversified resource company, focused on providing the products— copper, steelmaking coal, zinc

and energy—that are critical to building a better quality of life for people around the world. Headquartered in Vancouver, BC, Teck is the second largest seaborne exporter of steelmaking coal, a top-10 copper producer in the Americas and the third largest producer of zinc concentrate globally. The company owns or has interests in 13 mines in Canada, the US, Chile, and Peru, as well as one metallurgical complex in Canada. In 2013 Teck was named to the Dow Jones Sustainability World Index for the fourth straight year, and in January 2014, was named for the second year in a row to the Global 100 most sustainable corporations list.

Here in Alberta, Teck operates the Cardinal River steelmaking coal mine near Hinton, is partners in the Wintering Hills Wind Power Facility near Drumheller, and has several oil sands projects in various stages of development in the Athabasca oil sands region. Teck is proud to be a longstanding member of the Alberta Chamber of Resources—with membership dating back to Teck’s early operating days in Alberta—and also to be a founding member of Canada’s Oil Sands Innovation Alliance, or COSIA, which is sharing research among companies to improve environmental performance in the oil sands.

Since 1999 Teck has also partnered with the Foothills Research Institute, participating in regional environmental research in Alberta. This partnership has developed accurate scientific information that now guides the adaptive management of Teck’s sites. Among other core programs, Teck continues to participate in and coauthor major groundbreaking grizzly bear research, integrating Cardinal River Operations into field research programs that have generated the first empirical grizzly bear and mining focused studies in North America.

Teck brings more than 100 years of mining experience to Cardinal River; the Luscar mine dates back to 1969 when mining began at Cardinal River Coals Ltd. Today, it is home to Teck’s coal processing plant, a main shop, haul road, ongoing reclamation and administrative offices. The Cheviot mine lies along an east-west trending valley centered around the historic town site of Mountain Park, an area rich in coal mining history. Within this area there is also ongoing exploration, haul roads, progressive reclamation and buildings that support Teck’s mining operation.

The company has a long history of operating sustainably in sensitive environments. At Cardinal River, this means reclaiming lands to establish healthy ecosystems and wildlife habitat. One example is the development of Sphinx Lake, which was recognized by the Alberta Chamber of Resources in 2007 with the Major Reclamation Award. Prior to development, Sphinx Creek was re-routed into a clean water diversion, which allowed open pit mining while protecting the stream flows. When mining development was completed, Teck established a fisheries habitat that would be at least as productive as before the area was mined. Today, the Sphinx Creek watershed provides habitat for a substantial population of both resident and migratory native Athabasca rainbow trout. Nearly 10 years post reclamation, aquatic, fisheries habitat and population monitoring indicates that Sphinx Lake meets all of the hydrological, physical and chemical criteria for an ecologically healthy lake.

Rocky Mountain bighorn sheep are just one of many wildlife species—ranging in size from large carnivores like the grey wolf to small mammals like the American pika—that have benefited  from reclamation efforts at Cardinal River. Today, there is a large and healthy bighorn sheep population at Cardinal River providing ideal candidates for repopulating other areas, helping to rehabilitate and restore diminished populations elsewhere, without affecting the health of this herd. Twenty-four sheep were gathered and transported to North Dakota in 2014, representing just a fraction of the 413 sheep that have been gathered from Cardinal River and re-colonized throughout North America since 1985.

Another component of Teck’s commitment to sustainability is to maintain or re-establish self-sustaining landscapes and ecosystems that lead to viable long-term and diverse land uses. Teck works closely with communities and the Government of Alberta to ensure that the legacy of mining operations continues to afford a safe haven for the current diversity and abundance of wildlife species. Teck’s recent collaborative success has resulted in the Luscar & Gregg River Mines Land Management Plan, approved by the government of Alberta, for the management of lands before and after they revert to the crown. In addition to the steelmaking coal operation at the Cardinal River, Teck is also building a new energy business unit in Alberta by advancing its oil sands projects in the Athabasca oil sands region – Fort Hills and Frontier.

The Fort Hills oil sands project is located approximately 90 kilometres north of Fort McMurray. Teck holds a 20 percent interest in the project, with the remaining 80 percent held by TOTAL E&P Canada Limited (39.2 percent) and Suncor Energy (40.8 percent), the project operator. The partners announced they were proceeding with construction of Fort Hills in October 2013. Fort Hills is considered one of the best remaining undeveloped oil sand mining leases, with three billion barrels of proved and probable bitumen reserves. The project is expected to produce first oil as early as the fourth quarter of 2017 and achieve 90 percent of its planned production capacity of 180,000 barrels per day of bitumen within 12 months. The Frontier project, which is 100 percent Teck owned, is located approximately 100 kilometres north of Fort McMurray. It has been designed for up to four production lines with a total capacity of approximately 277,000 barrels per day of bitumen. Permitting is ongoing and the current expectation is that the environmental assessment process will extend to at least 2015.

Teck also owns a 30 percent interest in the Wintering Hills Wind Power Facility with partner Suncor Energy, the project operator. Wintering Hills—which went into operation in November 2011—is Teck’s first investment in wind energy. The 88-megawatt (MW) wind power facility consists of 55 General Electric 1.6 MW turbines that deliver power to the electrical grid.

At peak capacity, Wintering Hills generates enough clean electricity to power approximately 35,000 Alberta homes, displacing

the equivalent of approximately 200,000 tonnes of carbon dioxide per year. The investment provides Teck with an opportunity to develop its understanding of wind power generation to better evaluate other opportunities for wind power, as well as supporting Teck’s sustainability goals.

With more than 100 years of experience responsibly developing mineral resources, working with communities and meeting environmental challenges, Teck has a long tradition of sustainability. The company’s path forward is guided by its employees, who live and raise their families in the areas where they work. No one cares more about ensuring that Teck operates responsibly than they do. Their focus on doing the right thing has guided the development of Teck’s approach to sustainablility as the company works to create value in society through its products and ongoing efforts to make the company, and its industry, more sustainable for this and future generations.

Teck is proud of the strong relationships it has built in Alberta with regulators and its industry partners at the Alberta Chamber of Resources as they all work together to innovate, solve challenged, and improve performance.

 For more information on Teck Resources Limited please visit their website www.teck.com

 

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