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Teck Resources Ltd
Symbol TECK
Shares Issued 512,365,875
Close 2023-06-28 C$ 54.14
Market Cap C$ 27,739,488,473
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Teck says bighorn sheep deserve some big-time love

2023-06-29 13:36 ET - News Release

Mr. Jonathan Price reports

TECK ANNOUNCES $2.5 MILLION FOR WILDLIFE OVERPASS TO KEEP BIGHORN SHEEP SAFE

Teck Resources Ltd. has made a $2.5-million contribution to help build a new wildlife overpass in East Kootenay. The British Columbia Ministry of Transportation and Infrastructure overpass project located south of Radium Hot Springs will reduce vehicle strikes with bighorn sheep, making that stretch of Highway 93/95 safer for residents and other highway users while protecting the iconic bighorn sheep herd.

"This project is critical to maintaining wildlife habitat connectivity, while protecting people and bighorn sheep in the East Kootenay," said Jonathan Price, chief executive officer of Teck. "Teck's $2.5-million contribution will support bighorn sheep populations across the region and furthers our goal of becoming nature positive by 2030."

"It's vital that we keep people safe and protect these magnificent animals," said Minister of Transportation and Infrastructure Rob Fleming. "With the help of our partners like Teck, this overpass will support safe passage for the bighorn sheep, protecting the herd that is so important to the environment and first nations and the people of the East Kootenay."

The overpass will cross the highway near Mile Hill, a location chosen following site inspections by the Ministry of Transportation and Infrastructure, the Ministry of Forests, the Village of Radium Hot Springs and Parks Canada. The project includes approximately six kilometres of wildlife fencing and gates that will guide animals to the overpass and safely over the highway.

Project partners include Parks Canada, Teck, the Village of Radium Hot Springs, the Habitat Conservation Trust Foundation, the Ktunaxa Nation Council and the Shuswap Band. Construction on the project is anticipated to begin in the coming weeks.

Radium overpass quick facts:

  • Conservation groups say that the Radium herd is one of the last viable herds of bighorn sheep in the area. Approximately 10 per cent of the herd is killed annually by collisions with vehicles. The population dropped from approximately 230 sheep in 2003 to 120 in 2019.
  • Reports show there are about 5,400 wildlife-motor-vehicle collisions per year, with many of these recorded collisions occurring with deer, elk, bear and moose. Deer are involved in about 85 per cent of wildlife collisions across the province.
  • The ministry has over 600 kilometres of wildlife exclusion fencing across the province, more than any other transportation agency in North America. British Columbia also has the most wildlife overpasses in Canada.

Teck and nature positive

Teck has set a goal to become a nature-positive company by 2030. Becoming nature positive means that, by 2030, Teck's conservation, protection and restoration of land and biodiversity will exceed the disturbance caused by its mining activities from a 2020 baseline. In doing so, Teck will conserve or rehabilitate at least three hectares for every one hectare affected by its mining activities.

Teck has invested in conserving and protecting approximately 53,000 hectares in southeastern British Columbia, equal to over 4.5 times the area of the city of Vancouver, including:

  • The purchase of over 7,000 hectares of private lands in the Elk and Flathead River valleys, set aside for conservation in partnership with the Ktunaxa Nation to ensure the protection of the area's social, cultural and ecological value;
  • The purchase and continuing management of the nearly 8,000-hectare Next Creek watershed in the East Kootenay region through the Nature Conservancy of Canada;
  • The donation of approximately 162 hectares of Teck-owned land in the Wycliffe Wildlife Corridor, located near Kimberley, to the Nature Conservancy of Canada;
  • The contribution of $2-million toward the conservation and protection of 75,000 hectares of globally rare inland temperate rainforest in the Incomappleux Valley. Teck's investment financed 37,500 hectares, or half, of the total lands protected in the Incomappleux Valley;
  • The contribution of $2-million toward the conservation of Lot 48 on the east side of Columbia Lake, an area that is the foundation of the Ktunaxa creation story, through the Nature Conservancy of Canada;
  • The contribution to the purchase of nearly 67 hectares of wetlands near the north end of Columbia Lake through the Nature Trust of British Columbia.

About Teck Resources Ltd.

As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc and steelmaking coal. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world.

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