Mr. Fraser Phillips reports

TECK PROVIDES STEELMAKING COAL SALES AND PRICING UPDATE

Teck Resources Ltd. has provided unaudited second quarter 2023 steelmaking coal sales volumes and realized prices.

Teck's second quarter steelmaking coal sales were 6.2 million tonnes, within its guidance of 6.2 million to 6.6 million tonnes. The realized steelmaking coal price in the second quarter averaged $264 (U.S.) per tonne. The company expects to report a negative steelmaking coal provisional pricing adjustment of $105-million in the second quarter.

Teck's second quarter 2023 financial results are scheduled for release on July 27, 2023.

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. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and on the New York Stock Exchange under the symbol TECK.