Thursday, February 22, 2024

Teck’s Crimson Canine Operations Achieves Zinc Mark Verification

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VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) — Teck Sources Restricted (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) right now introduced its Crimson Canine Operations, the biggest important mineral mine in the US, has been awarded the Zinc Mark in recognition of environmentally and socially accountable manufacturing practices.

“Zinc performs an necessary function in enabling a low-carbon future and our individuals are targeted each day on responsibly producing this important mineral that the world wants,” mentioned Jonathan Worth, President and CEO, Teck. “With Crimson Canine being awarded the Zinc Mark, all of Teck’s managed base metals operations are actually verified and acknowledged for sturdy environmental and social efficiency, illustrating our give attention to accountable manufacturing for the advantage of our clients, and for the atmosphere and other people the place we function.”

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Michèle Brülhart, Government Director of the Copper Mark, mentioned “Teck’s Crimson Canine Operation is the primary mining web site to obtain the stand-alone Zinc Mark. We’re excited to see the usual utilized to different metals operations, and congratulate Teck on the initiative and Crimson Canine on its achievement.”

The Copper Mark multi-metals strategy contains the Zinc Mark in addition to Molybdenum Mark and Nickel Mark. Producers of those metals are in a position to make use of the Copper Mark assurance framework to attain their respective “Mark”. The Copper Mark assurance framework goals to advertise accountable manufacturing practices alongside the worth chains of the coated minerals.

To be verified for Copper Mark, operations are assessed and independently verified in opposition to 32 accountable manufacturing standards together with greenhouse fuel emissions, neighborhood well being and security, respect for Indigenous rights and enterprise integrity. Extra details about the Copper Mark verification will be discovered right here.

Teck is among the world’s largest producers of mined zinc. Crimson Canine Operations is among the world’s largest zinc mines and the biggest important mineral mine within the USA whereas Teck’s Path Operations is among the world’s largest absolutely built-in zinc and lead smelting and refining services. Teck’s Path Operations has an especially low carbon depth for its product as outlined in this report .

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In 2023, Teck’s Path Operations was the first smelting and refining facility globally to attain the Zinc Mark verification and Teck’s newly expanded Quebrada Blanca Operations (QB) and Carmen de Andacollo Operations (CdA) had been awarded the Copper Mark. In 2022, Teck’s Highland Valley Copper Operations was the first mine in Canada to attain Copper Mark verification.  

Teck’s dedication to accountable manufacturing is underpinned by a complete sustainability technique, which guides our give attention to working sustainably, making certain the well being and security of our individuals, and constructing sturdy relationships with communities. Study extra about Teck’s sustainability technique right here.

Ahead-Wanting Statements
This information launch incorporates sure forward-looking info and forward-looking statements as outlined in relevant securities legal guidelines (collectively known as forward-looking statements). These statements relate to future occasions or our future efficiency. All statements aside from statements of historic truth are forward-looking statements. The usage of any of the phrases “will”, “estimate”, “count on”, “ambition” and comparable expressions is meant to determine forward-looking statements. These statements contain recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking statements. These statements converse solely as of the date of this information launch. These forward-looking statements embrace, however will not be restricted to, statements referring to our sustainability technique.

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These statements contain recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking statements. The forward-looking statements on this press launch are primarily based on assumptions concerning commodity costs, normal financial situations and the efficiency of our enterprise, our capability to keep up Copper Mark and Zinc Mark verification standing at our operations, achievement of our sustainability targets according to expectations, and the longer-term impacts of these targets on our enterprise, amongst different issues. The foregoing checklist of assumptions is just not exhaustive. Elements that will trigger precise outcomes to range embrace, however will not be restricted to, modifications in commodity costs or normal financial situations, the efficiency of our operations, enough know-how not being accessible on acceptable phrases, and modifications in legal guidelines and governmental rules or enforcement thereof that impression our operations or technique. We assume no obligation to replace forward-looking statements besides as required below securities legal guidelines.

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Additional info regarding dangers and uncertainties related to these forward-looking statements will be present in our annual info kind for the 12 months ended December 31, 2022, filed below our profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov) below cowl of Type 40-F, in addition to subsequent filings below our profile.

About The Copper Mark
The Copper Mark is the main assurance framework to advertise accountable practices throughout the copper, molybdenum, nickel and zinc worth chains. Our imaginative and prescient is a sustainable society, enabled by the accountable manufacturing, sourcing, and recycling of metals. To attain our imaginative and prescient, we apply strong governance, credible requirements and assurance, stakeholder engagement, and management methods.

https://coppermark.org/

About Teck
As one in all Canada’s main mining corporations, Teck is dedicated to accountable mining and mineral growth with main enterprise items targeted on copper, zinc, and steelmaking coal. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Inventory Change below the symbols TECK.A and TECK.B and the New York Inventory Change below the image TECK. Study extra about Teck at www.teck.com or observe @TeckResources.

Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Evaluation
604.699.4621
fraser.phillips@teck.com

Media Contact:
Chris Stannell
Public Relations Supervisor
604.699.4368
chris.stannell@teck.com


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