Teck Resources Limited Class A · TSX:TECK.A
Teck Resources Limited Class A — Corporate Update (May 2022)
61 slides from Teck Resources Limited Class A's corporate update, May 18, 2022
Slide 1: Highland Valley Copper
Highland Valley Copper September 5, 2019 Geoff Brick General Manager, Highland Valley Copper Peter Martell Superintendent, Environment and Community Affairs Shane Green, Manager, Mill Operations
Slide 2: Add in Video showing whole site from Drone
Add in Video showing whole site from Drone 2
Slide 3: Highland Valley Copper Overview and Site Initiatives
Highland Valley Copper Overview and Site Initiatives September 5, 2019 Geoff Brick General Manager, Highland Valley Copper
Slide 4: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements Both these slides and the accompanying oral presentations 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 Securit
Slide 5: Safety Orientation
Safety Orientation • Be consciously present whilst on the mine site - Unfamiliar environment - Hidden hazards; slips, trips and falls - Constantly changing conditions - Lots of distractions and moving parts • Be consciously aware of your tour guide Everyone going home safe and healthy everyday 5
Slide 6: 2018 Provincial Mine Rescue Champions
2018 Provincial Mine Rescue Champions 6
Slide 7: Evacuation Muster Point/Administration
Evacuation Muster Point/Administration Muster Point The Forum 7
Slide 8: Agenda - Thursday, September 5, 2019 At Highland Valley Copper
Agenda - Thursday, September 5, 2019 At Highland Valley Copper TIME TOPIC PRESENTER 9:00am-9:15am Welcome and Introductions; Safety Orientation Geoff Brick, General Manager Administration Building Highland Valley Copper 9:15am-10:00am Highland Valley Overview and Site Initiatives Geoff Brick, Genera
Slide 9: Executive Summary - 2019 YTD
Executive Summary - 2019 YTD Highlights Priorities • YOY more employees are returning • Safety: Hazard Identification Training home safe and healthy and Competency • Ahead on all primary KPI’s across all ‒ Teck-wide initiative areas for production and cost • Relationship between HVC’s three • Pionee
Slide 10: The Highland Valley Story at a Glance
The Highland Valley Story at a Glance • 115-120 kt of copper planned for 2019 • 105 Mt total material movement in 2019 • 1,400 employees • Low head grade, high throughput operation ‒ 145,000 tonnes processed/day ‒ 0.278% copper head grade • Heavy reliance on technology and innovation to remain compe
Slide 11: Simplified Mining and Milling Process
Simplified Mining and Milling Process Drill Blast Load Haul 6 311mm Holes 8 52 Drills 15m Benches Shovels Trucks Tailings 3 Flotation 5 Grinding 3 Banks Lines Crushers Concentrate Float Grind Crush Ore 11
Slide 12: 2019 Valley Sequence
® O c 1) =} o 0) Y) > 2 w > fon) o oO N
Slide 13: Generalized Process Flowsheet
Generalized Process Flowsheet Crushing-Stockpiling Recycled Process Water Grinding Bulk Cu-Mo Tailings Impoundment Flotation Cu-Mo Separation Mo Leaching Mo Concentrate Transport Cu Concentrate Cu Dewatering Cu Concentrate Transport 13
Slide 14: Products to Market
Products to Market High quality, clean copper concentrates • 30+% Cu High quality molybdenum concentrates • 51-52% Mo Concentrate transport • Trucked from the mine site to Ashcroft • Rail from Ashcroft to Vancouver for shipping Quality focus 14
Slide 15: Safety Performance
Safety Performance Teck
Slide 16: High Potential Incident Performance
High Potential Incident Performance High Potential Incident Performance (HPI) (Frequency 200,000 hours) 2019 lowest HPIF in last 9 years, and continued positive trend 1.0 Frequency (200,000 hrs) 0.8 0.72 0.64 0.57 0.6 0.49 0.47 0.43 0.37 0.4 0.28 0.21 0.2 0.0 2011 2012 2013 2014 2015 2016 2017 2018
Slide 17: Reportable Injury Performance
Reportable Injury Performance Reportable Injury Performance (TRI) (Frequency 200,000 hours) 2019 lowest TRIF in last 9 years, and continued positive trend 4.5 Frequency (200,000 hrs) 4.0 3.5 3.0 2.29 2.25 2.5 2.09 1.92 2.08 1.77 1.85 2.0 1.53 1.37 1.5 1.0 0.5 0.0 2011 2012 2013 2014 2015 2016 2017 2
Slide 18: HVC Mine Plan
HVC Mine Plan Life of Mine (LOM) 2027/2028
Slide 19: Copper Production in HVC Mine Plan
Copper Production in HVC Mine Plan Copper Production (kt) and Feed Grade (%) • Increasing copper production as head grade increases over remaining mine life • Production guidance of 115,000-120,000 tonnes in 2019 • Three-year production guidance (2020-2022) of 135,000-155,000 tonnes • Post-2022, exp
Slide 20: HVC 2040 Update
HVC 2040 Update Teck
Slide 21: Copper Production in HVC 2040
Copper Production in HVC 2040 ~13 Years Mine Life Extension to 2040 • Expand Valley and Highmont pits, and commence Bethlehem pit • Mill expansions to increase throughput • Commence operation in 2024 Increased Copper Production • No change to our 3-year production guidance of 135,000-155,000 tonnes
Slide 22: HVC Extension/Expansion Context
HVC Extension/Expansion Context The next chapter in the evolution of HVC Valley Pit South Extension MOP & Lornex Extension D3 Ball Mill • +5 years mine life • +5 years mine life • Add a 9th ball mill • Crusher moves • New flotation building • ↑ throughput and recovery • ↑ throughput Yr 2005 2006 200
Slide 23: HVC Tailings Storage Facility (L-L Dam)
HVC Tailings Storage Facility (L-L Dam)
Slide 24: Tailings and Water: Highland TSF and L-L Dam
Tailings and Water Highland tailings storage facility (TSF) and L-L Dam L-L Dam 3 km 166 m Design Assurance 1. Tailings Qualified Person at HVC 2. External Engineer of Record 3. Tailings Review Board (TRB) 4. External Dam Safety Reviews 5. Audits by Teck experts, MAC, L-L Dam and external parties 24
Slide 25: Tailings and Water
Tailings and Water Dam safety program • Full-time dam safety inspection staff • Formal site-wide training program • State-of-the-art technology - Extensive network of geotechnical instrumentation - Automated data collection and alerts - Drone surveillance and survey - PhotoSAT monitoring - InSAR mon
Slide 26: Technology and Innovation at HVC
Technology and Innovation at HVC
Slide 27: Technology and Innovation at HVC
Technology and Innovation at HVC Our imperative is to work smarter • First operation in BC to pilot autonomous haulage trucks • Pioneered the development and implementation of MineSense for dynamic ore sorting • Partnering with industry technology groups to apply machine learning and advanced analyt
Slide 28: Pioneering Shovel-Based Ore Sorting
Pioneering Shovel-Based Ore Sorting With MineSense
Slide 29: MineSense - 2019 Performance
MineSense - 2019 Performance Current Status • Installed on 3 shovels • Using 2nd generation ShovelSense “SX2” System Performance • Availability increasing after adopting a maintenance strategy • Early results delivering good value and full ramp-up expected in 2020 Next Steps • Updating copper algori
Slide 30: Maximizing Haulage Efficiency
Maximizing Haulage Efficiency Autonomous Haulage
Slide 31: Autonomous Haulage Project Has Moved 13.2 Mt
Autonomous Haulage Project Has Moved 13.2 Mt Successes • We have safely hauled >59,000 loads, driven 87,000 km and moved 13.2 Mt • >600 individuals have been through AHS training • Mine maintenance is helping build three new 793F autonomous trucks Monthly Tonnage vs. Target 6,797,128 5,834,950 3,736
Slide 32: HVC's Autonomous Haulage Project Business Case
HVC’s Autonomous Haulage Project Business Case Business Case CATEGORY IMPACT STATUS Utilization +20% ✔ Travel Speed +5% ✔ Fixed Times -35 sec ✔ Fuel Consumption -5% In Progress Tire Life +500 hrs In Progress Maintenance Cost -5% In Progress Early but promising data to realize base case and explore u
Slide 33: Any questions?
Highland Valley Copper Overview and Site Initiatives Any questions? 33
Slide 34: Highland Valley Copper Sustainability Overview: Focus on Communities
Highland Valley Copper Sustainability Overview: Focus on Communities September 5, 2019 Peter Martell Superintendent, Environment and Community Affairs
Slide 35: Acknowledgement
Acknowledgement We are on the unceded territory of the Nlaka’pamux Nation. “HVC recognizes that Indigenous Peoples have used and occupied the t’mixw (land) for thousands of years. The nature of our mining activities has impacts to the surrounding environment. HVC is committed to incorporating Indige
Slide 36: Nlaka'pamux Unceded Territory
Nlaka'pamux Unceded Territory 1 Photo source: invisiblemaps.com 36
Slide 37: Indigenous Communities
Indigenous Communities AGREEMENT NNTC Boothroyd Impact Benefit Agreement Lytton Oregon Jack Creek Skuppah Spuzzum CNA Ashcroft Impact Benefit Agreement Boston Bar Coldwater 15 Nlaka’pamux bands Cooks Ferry Nicomen 4 Impact Benefit Agreements Nooaitch Shackan Siska LNIB Impact Benefit Agreement Kanak
Slide 38: Agreement Objectives
Agreement Objectives • Cooperative and respectful long-term relationships • Consensus based decisions • Working collaboratively to address impacts to the Land, Environment and Cultural Heritage • Robust regulatory engagement processes • Creation of sustainable benefits for Indigenous communities to
Slide 39: Traditional Plant Study
Traditional Plant Study Study of Mine Dust and Traditional Plants in the Highland Valley Area 2 Teck _ 7 - /39
Slide 40: Indicator Plant – Sxwusm (Soapberry)
Indicator Plant – Sxwusm (Soapberry) 40
Slide 41: Community Engagement
Community Engagement Teck Jan
Slide 42: Traditional Plant Study
Traditional Plant Study Juice Sample Tea Sample Analysis was completed on all of the following for both washed and unwashed samples to determine the metal concentrations: • Berries • Leaves • Juice made from the berries • Tea made from the leaves 42
Slide 43: Business Development
Business Development • $47,094,230 in Local Indigenous businesses in 2018 • Equity Matching Program • Indigenous Women’s Incubator Pilot 43
Slide 44: Employment and Training
Employment and Training • 44% of all entry level hires were Nlaka’pamux • Workplace Mentoring Program • $250,000 for employment readiness training 44
Slide 45: Reconciliation and UNDRIP
Reconciliation and UNDRIP Ultimately, the implementation of such agreements supports both business and Indigenous requirements to reconcile interests, opportunities and challenges going forward. 45
Slide 46: Kwukwscemxw
Kwukwscemxw 46 Teck
Slide 47: Any questions?
Highland Valley Copper Sustainability Overview: Focus on Communities Any questions? 47
Slide 48: Mine Tour
Mine Tour 3 Breakout Groups: • AHS dispatch and tour of AOZ • Valley pit lookout - mine overview • Visit MineSense shovel
Slide 49: Highland Valley Copper Mill Overview
Highland Valley Copper Mill Overview September 5, 2019 Shane Green, Manager, Mill Operations
Slide 50: Increasing Throughput and Recovery
Increasing Throughput and Recovery New D3 Ball Mill and Advanced Analytics
Slide 51: D3 Ball Mill Installation
D3 Ball Mill Installation Benefit • Increase throughput (~6%) • Increase recovery over life of mine (~2%) • Improves site performance and value of HVC 2040 Safety Performance • >236,000 hours worked • Zero HPI’s or LTI’s 46 days ahead of forecasted start-up and $11M under budget 51
Slide 52: Advanced Analytics
Advanced Analytics Teck
Slide 53: Mill Concentrator Projects: Ball Mill Power
Mill Concentrator Projects No Control Advanced Integrated Process Advanced Analytics Process Control Management Machine learning model Control systems to manage One operating strategy to achieve optimal process to desired set point process set points 2900 2800 Ball Mill Power Static Optimal Dynamic
Slide 54: Example: Advanced Analytics Model Components
Example: Advanced Analytics Model Components Final product fed by several internal models and constraints/optimizers 54
Slide 55: Flotation Recovery Improvement
Flotation Recovery Improvement Prediction model created for Rougher/Scav circuit; Optimization model underway Predicted Tailings Cu%1 Cu% in Scav Tails 0.15 0.15 RMSE: 0.01 MAPE: 22% 0.10% 0.10 0.05% 0.05 0.00% 0.00% Apr/May 2016 Aug/Sep 2016 Dec 2017 Jun 2018 0.00% 0.05% 0.10% 0.15% Actual Tailings
Slide 56: SAG Throughput Improvement
SAG Throughput Improvement Preliminary prediction model showing promising results Predicted +100 Mesh A1 A1 +100 Mesh 70 70 RMSE: ~3 MAPE: ~5% 60 60 50 50 40 40 30 30 30 40 50 60 70 80 01-Nov-18 01-Jan-19 01-Mar-19 01-May-19 01-Jul-19 Actual +100 Mesh A1 Actual PSI +100 Mesh A1 Predicted PSI +100 Me
Slide 57: ML OSA Model Provides More Accurate Reflection Of Reality For Operators
ML OSA Model Provides More Accurate Reflection Of Reality For Operators OSA Model Error In Predicted Cu % When Compared To Assays 0.10% 0.05% 0.00% -0.05% R2 RMSE Next Steps ML OSA Model 0.66 0.010 • Implement within flotation process Existing OSA Model 0.32 0.025 • Expand to all x-ray analysers 60%
Slide 58: Advanced Analytics Initiatives Identified
Advanced Analytics Initiatives Identified
Slide 59: Four Digital Themes And Initiatives Identified
Four Digital Themes And 15 Initiatives Identified 1 Integrated Physically co-locate key decision makers operating from mine-to-market to allow quick cross-functional optimization / trade-offs and maximize value; teams organized on temporal basis to ensure relevant indicators of mine performance Oper
Slide 60: Any questions?
Highland Valley Copper Mill Overview Any questions? 60
Slide 61: Highland Valley Copper
Highland Valley Copper September 5, 2019 Geoff Brick General Manager, Highland Valley Copper Peter Martell Superintendent, Environment and Community Affairs Shane Green, Manager, Mill Operations