Teck Reports Electrical Equipment Failure at Trail Operations

Press Release

August 26, 2019

Vancouver, B.C. – Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today reported an electrical equipment failure on August 25, 2019, at the Trail Operations zinc refinery in Trail, British Columbia, Canada. The equipment failure affected one of four rectifiers used in the zinc refinery. There were no injuries or environmental impacts related to the failure.

Repairs are expected to take up to 20 weeks at an estimated cost of $5 – $10 million. During this time, refined zinc metal production at Trail will be limited to three of the four cell houses. As a result, production capacity during this time will be reduced by approximately 25%, resulting in an estimated production loss of 20,000 – 30,000 tonnes.

About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com

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

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

IBF4