Teck Trail Operations Announces Low-Carbon Refined Zinc
30 March 2023 - 3:50AM
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK)
(“Teck”) announced today a new report outlining the extremely low
carbon footprint of the Special High Grade (SHG) refined zinc from
its Trail Operations in British Columbia, Canada. The report, which
was independently reviewed by PricewaterhouseCoopers LLP, confirmed
that production of each tonne of SHG zinc from Trail Operations
generates 0.93 tonnes of CO2e, or carbon dioxide equivalent,
compared to the estimated global average of 3-4 tonnes of CO2e per
tonne of zinc production.
“Zinc is a critical mineral, important for its role
in protecting infrastructure and in technologies for the low carbon
transition,” said Jonathan Price, CEO. “Teck is focused on
responsibly producing this critical mineral with a reduced carbon
footprint, and meeting the highest environmental and social
standards.”
In developing this report, Teck followed an
approach aligned with the GHG Protocol Life Cycle Accounting and
Reporting Standard which accounted for emissions beginning with the
mining of zinc concentrate, including from Teck’s Red Dog mine, to
the production of SHG zinc at Trail Operations. The low-carbon
nature of Trail’s SHG Zinc is attributable to Trail’s use of
low-cost, clean and renewable power from the Waneta Dam and the
primary sourcing of concentrate from our Red Dog Mine, which has a
low carbon intensity.
The report which can be viewed here was based on 100% of the SHG
zinc produced at Trail Operations in 2021.
Teck is one of the world’s largest producers of
mined zinc, and Teck’s Trail Operations is one of the world’s
largest fully integrated zinc and lead smelting and refining
facilities. Trail Operations has the capacity to produce 310,000
tonnes of refined zinc. Teck produces primary zinc and zinc alloys,
available in slab and jumbo form, at Trail Operations. Teck’s Red
Dog Operations in Alaska is one of the world’s largest zinc
mines.
About ZincA critical mineral in
the low-carbon transition, zinc is used for renewable energy
storage and it protects steel by improving its durability and
extending its service life. The primary uses of zinc are for
galvanizing steel to protect against weather and corrosion,
producing brass and bronze, and in die-casting to produce a wide
range of metal products. Zinc can also increase crop yields and
crop quality and is an essential nutrient in human development and
disease prevention.
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
Teck Resources (TSX:TECK.A)
Historical Stock Chart
From Jun 2024 to Jul 2024
Teck Resources (TSX:TECK.A)
Historical Stock Chart
From Jul 2023 to Jul 2024