Teck Resources Limited

Teck Resources Limited

July 09, 2012 08:27 ET

Teck Announces Temporary Withdrawal of Quebrada Blanca Phase 2 SEIA Application

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 9, 2012) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it has temporarily withdrawn the Social and Environmental Impact Assessment ("SEIA") application for the Quebrada Blanca Phase 2 project. Teck is in the process of reviewing comments by the regulators, after which the application will be resubmitted.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). Forward-looking statements include statements regarding Teck's plans to resubmit the Supplemental Environmental Impact Statement for the Quebrada Blanca Phase 2 project and the timing of the resubmittal. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual result to be materially different from any future result expressed or implied by the forward-looking statements.

Factors that may cause actual results to vary include, but are not limited to, unanticipated changes in legislation or Government policy, difficulties or delays in completing environmental studies, or other unanticipated events.

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 TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. www.teck.com.

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