Quintette Project Update North East Coal Forum Jeff Butcher October 10, 2013 Processing Superintendent
A Leader in Sustainable Mining • Growth – growing to maximize the value of our resources • Productivity – continuously improving our efficiency • Sustainability – responsibly mining for the long term
A Leader in Sustainable Mining • Growth – growing to maximize the value of our resources • Productivity – continuously improving our efficiency • Sustainability – responsibly mining for the long term
Coal Business Unit
A Leading Global, High Quality Steelmaking Coal Producer # 1 Producer of steelmaking coal in N. America # 2 Exporter of steelmaking coal in world 80% of Canadian steelmaking coal production Over 4,400 employees across six steelmaking coal operations
Our Coal Resources are Sufficient for Over 100 Years of Production Long-Life Quality Coal Reserves and Resources • Approximately 35 years of reserves 1.02 billion clean tonnes • Significant resources to Reserves support existing reserve base • More than 95% of 3.66 billion in situ tonnes Measured & our reserves and Indicated Resources resources are hard coking coal 2.22 billion in situ tonnes Inferred Resources 6 Source: Teck Resources Limited
Our Operations Have a Robust Supply Chain Legend CN Rail CP Rail Quintette 7
We are a Leading Supplier to Steel Producers Around the World Teck Coal – high quality, consistency, reliability, long-term supply North Europe America Asia ex.China ~15% ~5% ~45% China ~30% South America ~5% Source: Teck Resources Limited 8
Quintette Background
Growing Coal Production Quintette Restart Update 10
Quintette History • Located in the Peace River Coal Field of northeast B.C. • Previous operations took place from 1982 to August 2000 • Area of interest is the former Windy Pit (mined from 1997 to closure) and the Window Pit • The previously mined Mesa, Wolverine and Shikano Pits are considered exhausted 11
Growing Coal Production Quintette Restart Update • Targeting 2015 production at 3 Mtpa growing to 4 Mtpa • Major permit (Mines Act Permit Amendment) obtained • Impact Benefit Agreements with First Nations progressing well • Substantial infrastructure (plant, electricity) already exists and refurbishing has begun • Geology simple; coal quality known and valued in the market 12
The Path Forward • Acquisition of Effluent Permit • Finalization of First Nations agreements • We are continuing to proceed with detailed engineering work • If a decision is made in early 2014 to proceed, the operation could be in commercial production in mid-2015 13
Summary • Growth – well advanced in growing from 24Mt to +30Mt, with successful Quintette permitting • Productivity – significant movement down the cost curve • Sustainability – continuous improvement in safety, responsible environmental management with ongoing benefits for communities
Plant Dewatering – Dry Coal without Drying Coal dewatering comprised of 3 stages • Drain & Rinse • Mechanical Dewatering • Thermal Dewatering 15
Thermal Dewatering Traditionally most flexible and easiest, but most energy intensive • Requires heating of large volume of air, energy inefficient. 16
Drain & Rinse Coarse Coal Drain and Rinse • Magnetite recovery and proper moisture Fine Coal Drain and Rinse • Ash separation and moisture reduction 17
Mechanical Dewatering • Mechanical dewatering through centrifugal force, air pressure or vacuum • Opportunity to add as much energy to minimize the requirement for thermal drying 18
Summary • Growth – well advanced in growing from 24Mt to +30Mt, with successful Quintette permitting • Productivity – significant movement down the cost curve • Sustainability – continuous improvement in safety, responsible environmental management with ongoing benefits for communities
Coal Processor’s Guide Stone 20
Coal Processor’s Guide Stone 21
Questions? Thank You 22
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