VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2012) - Teck Resources Limited ("Teck") (TCK.A and TCK.B, NYSE: TCK) announced today that Teck and Locals 480 and 9705 of the United Steelworkers have reached a tentative collective agreement covering Trail Operations.
The union will schedule a ratification vote to be held over the coming days. No other terms of the agreement will be disclosed until the ratification vote is complete.
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 include statements regarding Teck's expectations regarding the timing of the ratification vote. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual result to be materially different from any future result expressed or implied by the forward-looking statements.
Factors that may cause actual results to vary include, but are not limited to, difficulties in holding the ratification vote and obtaining union ratification of the tentative collective agreement. 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 Resources
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.