Teck Resources Ltd 6-K, filed Mar 18, 2020
Teck Resources Ltd (TECK)
6-K
2020-03-18
For: 2020-03-18
View Original
Added on
April 04, 2026
About this 6-K
Teck Resources Ltd filed this 6-K on March 18, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
Dated: March 18, 2020
Commission File Number: 001-13184
TECK RESOURCES LIMITED
(Exact name of registrant as specified in its charter)
Suite 3300 – 550 Burrard Street, Vancouver, British Columbia V6C 0B3
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F Form 40-F X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer
must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's
securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form
6-K submission or other Commission filing on EDGAR.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
Teck Resources Limited
(Registrant)
|
|||
|
Date: March
18, 2020
|
By:
|
/s/ Amanda R. Robinson | |
| Amanda R. Robinson | |||
| Corporate Secretary | |||
EXHIBIT INDEX
|
Exhibit Number
|
Description
|
|
99.1
|
|
| 99.2 |
EXHIBIT 99.1
|
For Immediate Release
20-18-TR
|
Date:
|
March 17, 2020
|
Teck Provides Update on Antamina
Vancouver, B.C. – Teck
Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”)
announced today that Compania Minera Antamina, in which Teck has a 22.5% interest, continues to operate the Antamina mine under an exemption from recently announced Peruvian Government restrictions imposed in
response to the COVID-19 pandemic.
Critical operations will be maintained by a reduced workforce throughout the 15-day national emergency quarantine period. Appropriate precautions are being taken by Antamina to protect its workforce during this
challenging period. There have been no confirmed cases of COVID-19 at the mine site. Assuming no further adverse developments in connection with COVID-19, any temporary reduction in production is expected to be recovered in line with existing
2020 guidance.
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). Forward-looking statements in this news release include statements regarding continued operation of Antamina throughout the 15-day quarantine period and expectation that production is expected to be recovered in line with existing 2020
guidance. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated. These statements speak only as of the date of this news release.
These statements are based on a number of assumptions, including, but not limited to, assumptions that operations and production during the quarantine period and subsequent periods are not more significantly impacted
than anticipated, assumption that the quarantine period does not last beyond the 15-day period, and that ramp up to regular operations after the 15-day period are not delayed. Factors that may cause actual results to vary include, but are not
limited to, extension of duration of the quarantine period by regulatory authorities or by Antamina, there being further measures imposed by regulatory authorities or Antamina that further impact or restrict operations, and difficulties in
ramp-up to full operations following the quarantine period.
Certain of these risks are described in more detail in the annual information form of Teck and in its public filings 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 news release 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 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.
Teck Media Contact:
Chad Pederson
Manager, Communications Planning
604.699.5013
chad.pederson@teck.com
Teck Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
fraser.phillips@teck.com
2
EXHIBIT 99.2
|
For Immediate Release
20-19-TR
|
Date:
|
March 18, 2020
|
Teck Temporarily Suspends Construction Activities
for QB2 Project in Response to COVID-19
for QB2 Project in Response to COVID-19
Vancouver, B.C. – Teck
Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) announced today a temporary suspension of construction activities at its Quebrada Blanca Phase 2 (QB2) project to ensure employee safety and support Chilean efforts to limit
transmission of COVID-19.
This suspension will be for an initial two-week period, at which point Teck will re-assess the status of the project in light of the rapidly evolving COVID-19 situation. The suspension will affect a total of
approximately 15,000 workers on the QB2 project.
“Considering the significant size and scale of the QB2 project, and the fact that workers on the project commute in large numbers from all over Chile, this is the right decision to protect the health and safety of
workers and their families, and to support the Chilean government efforts to halt the spread of COVID-19,” said Don Lindsay, President and CEO, Teck. “In the days ahead, we will be putting a plan in place to be ready to restart construction as
soon as possible, subject to further developments in the response to COVID-19. I want to thank all workers for their understanding and their continued focus on health and safety during this challenging time.”
The orderly suspension of construction activities is effective immediately, and the workforce will demobilize over the coming days. There have been no confirmed cases of COVID-19 associated with QB2 employees or
contractors to date.
Teck will be providing a QB2 Project Update during the annual Investor and Analyst Day conference call on April 1.
The Quebrada Blanca Phase 2 (QB2) Project is one of the world’s largest undeveloped copper resources. Teck holds an indirect 60% interest in Compañía Minera Teck Quebrada Blanca SA (“QBSA”) which owns QB2. Sumitomo
Metal Mining Co., Ltd. and Sumitomo Corporation together have a collective 30% indirect interest in QBSA. ENAMI, a Chilean state agency, has a 10% non-funding interest in QBSA.
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). Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential” or variations of such words and phrases or statements that certain actions, events or
results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur, or be achieved. Forward-looking statements in this news release include statements
regarding the duration of the suspension period, timing of restart of the project, and duration of demobilization period. These statements involve known and unknown risks, uncertainties and other factors that may
cause actual results or events to differ materially from those anticipated. These statements speak only as of the date of this news release.
These statements are based on a number of assumptions, including, but not limited to, assumptions regarding no mandated extension to the initial suspension period, appropriateness of the initial suspension period,
ability to demobilize promptly and ability to restart the project.
Factors that may cause actual results to vary include, but are not limited to, additional measures imposed by regulatory authorities to implement or extend suspension of activities, determinations by the company to
extend the suspension, and difficulties in demobilization or restart of construction due to various factors, including lack of availability of manpower or equipment.
Certain of these risks are described in more detail in the annual information form of Teck and in its public filings 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 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.
Teck Media Contact:
Chad Pederson
Manager, Communications Planning
604.699.5013
chad.pederson@teck.com
Teck Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
fraser.phillips@teck.com
2