Teck

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This article is part of the Coal Issues portal on SourceWatch, a project of Global Energy Monitor and the Center for Media and Democracy. See here for help on adding material to CoalSwarm.

Teck "is Canada’s largest diversified mining, mineral processing and metallurgical company. Headquartered in Vancouver, Canada, we are a world leader in the production of copper, metallurgical coal and zinc, coal, molybdenum and specialty metals, with interests in several oil sands development assets.

"The Company owns, or has interests in, 13 mines in Canada, the USA, Chile and Peru, as well as one metallurgical complex in Canada. We have expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa." [1]

Coal exports

In October 2010, Teck Resources Ltd. and Canadian Pacific Railway Ltd. unveiled a new 10-year agreement for moving coal from five Teck mines to the Pacific Coast for export. Financial terms of the deal, which will begin in April 2011, were not announced, but CP said it agreed to enhance capacity on its system to handle increased volume from the mines in southeastern British Columbia. Teck plans to increase coal production at the mines by 50 per cent over the next few years, and was looking for an agreement that ensured the higher production could be moved to ports near Vancouver.[2]

Teck chief executive officer Don Lindsay said in a statement: “This agreement gives Teck the certainty we need to realize our growth strategy in coal and to deliver our increased production on a timely basis to our key markets.” The mining company won approval from Canadian regulators in 2009 to shift some of its coal traffic from Canadian Pacific to its larger rival Canadian National Railway Co., and it will continue to do that. The coal, used for steel making, is transferred to ships at Vancouver’s Westshore Terminals and Neptune Terminals, and Teck plans to continue using both facilities under the deal, it said.[2]

Coal Mines

Water pollution

In March 2013 a University of Montana study was released showing selenium levels were 100 times higher in the Elk River near a Teck mining operation than in the nearby Flathead River, a watershed not touched by coal mining. Selenium is a metal-like element that can cause spinal deformities in young fish. Nitrate and phosphate levels in the Elk were also far higher than expected. Teck said the company plans to invest $600-million over the next five years on water diversion and treatment facilities and on environmental research.[3]

Board

Accessed May 2010: [4]

Non-Independent Members of the Board

Independent Members of the Board

Contact

URL: http://www.teck.com

Resources and articles

Related Sourcewatch

References

  1. About, Teck, accessed May 11, 2010.
  2. 2.0 2.1 "Teck, CP ink 10-year coal-hauling deal" The Globe and mail, October 6, 2010.
  3. Mark Hume, "Elk River is being poisoned’ by coal mining, study finds," The Globe and Mail, Mar. 21 2013.
  4. Directors, Teck, accessed May 11, 2010.

External articles