Académique Documents
Professionnel Documents
Culture Documents
Dean Runzer
General Manager September 27 – 29, 2011
Forward Looking Statement
Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities
Act (Ontario). Statements in this presentation that do not relate to matters of historical fact are 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. These forward-looking statements include estimates, forecasts, and
statements as to management’s expectations concerning Teck’s development and expansion plans for Greenhills and future
production, costs, as well as estimates of Greenhills reserves and resources. These forward-looking statements involve
numerous assumptions, risks and uncertainties and actual results may vary materially. These statements are based on a number
of assumptions, including, among others, assumptions regarding general business and economic conditions, commodity prices,
interest rates, costs of construction and costs of production, production and productivity levels, market competition, and receipt of
necessary approvals. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to
differ materially.
Factors that may cause actual results to vary include, but are not limited to, risks relating to the operation of Greenhills supply and
demand for labour and other project inputs, prices for commodities to be produced, changes in commodity prices, changes in
interest and currency exchange rates, inaccurate geological and engineering assumptions (including with respect to the tonnage,
grade and recoverability of reserves and resources), unanticipated operational difficulties (including failure of plant, equipment or
processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment,
government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated
events related to health, safety and environmental matters), political risk, social unrest, changes in general economic conditions,
and other risk factors as detailed from time to time in Teck’s reports filed with Canadian securities administrators and with the
United States Securities and Exchange Commission.
Certain of these risks are described in more detail in Teck’s annual information form available at www.sedar.com and in public
filings with the SEC. 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.
2
Forward Looking Statement
Events or circumstances could cause actual results to differ materially. Factors that may cause actual results to vary
include, but are not limited to: unanticipated developments in business and economic conditions in the principal markets
for Teck’s products or in the supply, demand, and prices for metals and other commodities to be produced, changes in
power prices, changes in interest and currency exchange rates, inaccurate geological or metallurgical assumptions
(including with respect to the size, grade and recoverability of mineral or oil and gas reserves and resources), changes in
taxation laws or tax authority assessing practices, legal disputes or unanticipated outcomes of legal proceedings,
unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with
specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in
the receipt of permits or government approvals, industrial disturbances or other job action, and unanticipated events
related to health, safety and environmental matters), decisions made by our partners or co-venturers, political risk, social
unrest, lack of available financing for Teck or its partners or co-venturers, and changes in general economic conditions or
conditions in the financial markets.
Certain of these risks are described in more detail in Teck’s annual information form available at www.sedar.com and in
public filings with the SEC. 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.
Under no circumstances should the information contained herein be considered an offer to sell or a solicitation of an offer
to invest in securities.
3
Outline
Safety
Teck Coal
Greenhills History
Reserves
Quality
Production Expansion
Quality
Reclamation
Environment
Safety Share
4
Greenhills History
1981 - 1992 – Joint Venture (20% POSCAN, 80% Westar, B.C. Coal)
1992 – Westar Bankruptcy
1993 – Fording Coal
2003 – Elk Valley Coal Partnership (Teck, Fording, Luscar partnership)
2008 – Teck Resources completes acquisition of Fording Canadian
Coal Trust
Labour Relations:
5
Greenhills – Safety Performance
Frequency Statistics
5
(# per 200,000 hrs worked)
4
Incident Frequency
0
2005 2006 2007 2008 2009 2010 YTD Aug
2011
Lost Time Incidents Medical Aids
6
Where is Greenhills?
Elkford
Ridley Edmonton Line
Prince 43 Creek
George
Cardinal River
PACIFIC
Elkview
OCEAN Sparwood
Calgary
3
Elk Valley
Vancouver
Neptune Coal Mountain
Westshore
U.S.A.
7
Greenhills
8
Greenhills Contribution to Teck Coal
2011e Production
9
Hard Coking Coal Producer
Eagle
Premium
Increasing Volatile Matter
Standard
10
Quality Control & Assurance
• ISO 9001:2008
• In pit exploration drilling
programs
• Dedicated coal staff
• Portable ash probe
• Dispatch blending software
on loaders
• Plant sampling and analysis
• Complete lab
11
Greenhills Production
Mt
6
Tonnes Produced (MTCC)
2 Future @
Westar Fording EVCC Teck 5.0 Mt/yr1
1
101 Million MTCC
0
1 Note: 2011- 2015 production estimates are forecasts. Please see cautionary note
12
Greenhills –
Our Employees Live in Local Communities
Sparwood
Crowsnest
Pass
Fernie
Drilling
170k
Hauling BCM/Day Blasting
Total Material
Loading
14
Major Equipment
SHOVELS
1 – 72 yd³ (55 m³) P&H 4100 XPC
2 – 60 yd³ (45 m³) P&H 4100 XPB and Marion 301
1 – 40 yd³ (34 m³) P&H 2800 XPB
1 – 30 yd³ (23 m³) P&H 2800 XP
TRUCKS
9 – 320 ton (290 tonne) Komatsu 930E
24 – 240 ton (220 tonne) Komatsu 830E
DRILLS
1 – BE 49HR 13¾”
2 – BE 49H 13¾”
LOADERS
1 – Komatsu WA1200
1 – Letourneau L-1850
1 – Caterpillar 994
DOZERS
5 – Komatsu D475
1 – Komatsu D375
2 – Caterpillar D11
2 – Caterpillar D10
15
Active Mining Areas
16
Geological Cross Section:
Cougar South – Phase 3
17
Geological Cross Section:
Cougar South – Phase 4 & 5
18
Geological Cross Section:
Cougar South – Phase 6
19
Reserve and Resources
Reserves
January 1, 2011 (Proven & Probable)
(million tonnes of clean coal)
Phase 3 3.2
Phase 4&5 38.8
Phase 6 22.3
CN Extension 16.2
Total Reserves 80.5
Resources( Measured 359
&Indicated) Million tonnes raw coal
Resources ( Inferred)
150
Millions tonnes raw coal
20
Greenhills Expansion
4.2 TO 5.0 Mt/year
• Plant Expansion
• Shop Expansion
• Equipment Acquisition
• Manpower
21
Plant Expansion
Scope
22
Plant Expansion
Status
23
Process Plant Flow
Pre Expansion – 4.2 Mt/year
35mm x
Blended Coal Raw Coal 0.75mm
Heavy Media Clean
from Mine Sizing Cyclones
- 0.75mm Reject
Cyclones
Reject
- 0.15mm
Clean
Flotation
Reject
To Trains
Dryer
24
Process Plant Flow
Post Expansion – 5.0 Mt/year
35mm x
Blended Coal Raw Coal 0.75mm
Heavy Media Clean
from Mine Sizing Cyclones
Reject
- 0.75mm
+ 0.15mm Clean
Spirals
Water Only
Cyclones + 0.15mm
Decanters
Clean
Spirals
Reject
- 0.15mm
Clean
Flotation
Clean
Flotation
Reject To Trains
Dryer
25
Shop Expansion
Scope
26
Shop Expansion
Scope
Status
27
Equipment Acquisition
28
Greenhills –
Strengthening our Labour Force
700
7.2%
600
500
400
10.5%
300
200
5.7% 2.8%
100 4.6%
29
Loadout
30
Future Mining Areas
31
Future Permitting
32
Se Initiative
Swift Creek Diversion
Scope:
Benefits:
33
Reclamation
34
Reclamation Research
35
Environmental Management
• Monitoring
• Air, Water (Discharge, Receiving, Potable),
Selenium, Wildlife
• Reclamation
• Continuous Improvement
• Research
• Best Management Practices and Coordination with
all Teck Coal sites
36
Testament Of Success
37
Safety Share – Air Travel Safety
38
Thank You
39