Mr. Fraser Phillips reports

TECK PROVIDES UPDATE ON QBME REGULATORY APPLICATION

Following recent receipt of feedback from regulators, Teck Resources Ltd. has withdrawn the environmental permit application for the Quebrada Blanca mill expansion (QBME) project to allow time to consider this feedback, better understand the full capability of QB, and submit a revised permit application.

This is part of the continuing regulatory process, and withdrawing now will allow time to incorporate regulatory feedback and to further optimize the scope of the project. Submission of a revised application would add approximately 12 months to the overall regulatory process from the date of submission. Teck does not anticipate a sanction decision on QBME prior to completion of ramp up and assessment of the full capability of the existing QB asset and receipt of regulatory approval.

The QBME project is a proposed future expansion which would increase QB's throughput, leveraging existing tailings and other infrastructure with minimal additional footprint.

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 has shares 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.