Teck Announces Response to Incident at Westshore Terminals

Teck Announces Response to Incident at Westshore Terminals 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/07/12 -- Teck
Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today
that it is taking steps in response to impacts to coal shipping
capacity at Westshore Terminals Limited following an incident that
resulted in Berth 1 being out of commission for an unknown amount of
time. Teck will continue to ship through Berth 2 at Westshore and
will be shifting shipping capacity to Neptune Terminals and exploring
options for moving additional tonnage to Pacific Coast Terminals and
Ridley Terminals. Our preliminary assessment is that we will meet or
exceed our sales guidance of 6.2 million tonnes for the fourth
quarter and, as there is inventory space available at Westshore, we
do not expect this incident to have a material impact on coal
production for the fourth quarter. 
Forward-Looking Statements 
This 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 in this news
release include statements concerning Teck's response to the incident
at Westshore Terminals, including shifting capacity and exploring
options to move capacity to other terminals. The statements that our
preliminary assessment indicates that we expect to meet or exceed our
sales guidance for Q4, the sales guidance of 6.2 million tonnes for
Q4 and our expectation that the incident will not have a material
impact on coal production for Q4 are also forward-looking statements. 
Forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of Teck to be materially different from
any future results, performance or achievements expressed or implied
by the forward-looking statements. Factors that may cause actual
results to vary from our statements include, but are not limited to,
unexpected difficulty or delay in shifting capacity to Neptune
Terminals, lack of available options on reasonable terms to move
capacity to other terminals and unexpected difficulty or delay in
shifting cap
acity to other terminals even if options are available
and further operational difficulties at the terminals. Other factors,
including those discussed in the prior sentence, that may cause our
statement that we expect to meet or exceed sales guidance include
further negative effects from the Westshore incident coming to light
or developing over the course of time. Our Q4 sales guidance of 6.2
million tonnes is subject to a number of other factors, including
changes in conditions in the steel market, changes in foreign
exchange rates, other unplanned and unexpected disruptions in
production or transportation, changes in general economic conditions
or conditions in the markets for steelmaking coal, and other risk
factors as detailed from time to time in Teck's reports filed with
Canadian securities administrators and the U.S. Securities and
Exchange Commission.  
Teck does not assume the obligation to revise or update these
forward-looking statements after the date of this document or to
revise them to reflect the occurrence of future unanticipated events,
except as may be required under applicable securities laws. 
About Teck 
Teck is a diversified resource company committed to responsible
mining and mineral development with major business units focused on
copper, steelmaking coal, zinc and energy. Headquartered in
Vancouver, Canada, its shares are listed on the Toronto Stock
Exchange under the symbols TCK.A and TCK.B and the New York Stock
Exchange under the symbol TCK. 
Contacts:
Teck Resources Limited - Media Contact
Chris Stannell
Senior Communications Specialist
604.699.4368
chris.stannell@teck.com 
Teck Resources Limited - Investor Contact
Greg Waller
VP, Investor Relations & Strategic Analysis
604.699.4014
greg.waller@teck.com
www.teck.com
 
 
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