Teck’s Trail Operations Commits to the Zinc Mark
March 16 2023 - 2:27PM
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK)
(“Teck”) today announced Teck Trail Operations has committed to the
Zinc Mark. The Zinc Mark is part of the Copper Mark’s multi-metals
approach using the Copper Mark assurance framework, a framework
which aims to promote responsible production practices and
demonstrate the industry commitment to the United Nations
Sustainable Development Goals.
“Zinc has a critical role to play in the transition to a
low-carbon economy. It is used for renewable energy storage and
galvanizes the steel needed in everything from transit lines to
wind turbines, making clean infrastructure last longer – and
therefore more sustainable,” said Jonathan Price, CEO of Teck.
“Participating in the Zinc Mark is part of our ongoing work to
ensure responsible zinc production for our customers and local
communities.”
Executive Director of the Copper Mark, Michèle Brülhart said:
“We’re delighted that our long-term partner Teck has committed
their Teck Trail Operations to participate in the
implementation of the Zinc Mark. Teck Trail Operations’
participation following their Highland Valley Copper Operation’s
participation in the Copper Mark demonstrates the close linkages
between the different metals covered by the Copper Mark and the
efficiencies that can be provided using a single assurance
framework.”
Andrew Green, Executive Director International Zinc Association
(IZA) said, “IZA is proud to see the Zinc Mark entering the market.
With the Zinc Mark, a full ESG assurance framework becomes
available for all Zinc producers around the world to demonstrate
their commitment to responsible zinc production and the United
Nation’s Sustainable Development Goals.”
Teck is one of the world’s largest producers of mined zinc, and
Teck Trail Operations is one of the world’s largest fully
integrated zinc and lead smelting and refining facilities.
To achieve the Zinc Mark, Teck’s Trail Operations has been
assessed and independently verified against 32 responsible
production criteria this year.
This commitment by Trail Operations follows Teck’s Highland
Valley Copper Operations achieving Canada’s First Copper Mark
Verification in 2022.
About the Copper Mark The Copper Mark is an
assurance framework to promote responsible practices and
demonstrate the transition minerals industry’s contribution to the
United Nations Sustainable Development Goals. The Copper Mark uses
a rigorous site-level assessment process to independently verify
whether individual copper, nickel, zinc and/or molybdenum producing
sites have responsible production practices. Over 20% of globally
mined copper is currently produced by Copper Mark-assured
sites.
The Copper Mark was built on a genuine
commitment of the copper industry to responsible production, and
the framework has since expanded to allow participation by nickel,
zinc and molybdenum producers. The Copper Mark framework involves a
robust three-year re-evaluation process at site-level for
participants. Participants commit to continual improvement,
building the management systems necessary to ensure ongoing legal
compliance.
The Copper Mark multi-metals approach includes the Zinc Mark as
well as Molybdenum Mark and Nickel Marks. Producers of
these metals are able to use the Copper Mark assurance framework to
achieve their respective “Mark”.
Click here for more information.
Forward-Looking StatementsThis 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). The forward-looking statements relate to our
expectations with respect to achieving Zinc Mark certification at
Trail Operations and with respect to responsible zinc
production.
These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. The forward-looking statements in this press release
are based on assumptions regarding commodity prices, general
economic conditions and the performance of our business, our
ability to achieve our sustainability goals and Zinc Mark
certification. The foregoing list of assumptions is not exhaustive.
Factors that may cause actual results to vary include, but are not
limited to, changes in commodity prices or general economic
conditions, actual climate-change consequences, adequate technology
not being available on adequate terms, unavailability of materials
and equipment, government action or delays in the receipt of
government approvals, industrial disturbances or other job action,
and changes in laws and governmental regulations or enforcement
thereof that impact our operations or strategy. We assume no
obligation to update forward-looking statements except as required
under securities laws.
Further information concerning risks and uncertainties
associated with these forward-looking statements can be found in
our annual information form for the year ended December 31, 2020,
filed under our profile on SEDAR (www.sedar.com) and on EDGAR
(www.sec.gov) under cover of Form 40-F, as well as subsequent
filings under our profile.
About TeckAs 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 the
New York Stock Exchange under the symbol TECK. Learn more about
Teck at www.teck.com or follow @TeckResources.
Investor Contact:Fraser PhillipsSenior Vice
President, Investor Relations & Strategic
Analysis604.699.4621fraser.phillips@teck.com
Media Contact:Chris Stannell Public Relations
Manager604.699.4368chris.stannell@teck.com
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