Teck's Comprehensive Mine Closure Planning And Regulatory Approach.pdf

Company Overview:

Teck is a diversified resource company with a long history (over 100 years) in mining and mineral development. Its major business units focus on copper, steelmaking coal, zinc, and energy, operating 12 mines, a metallurgical complex, and several significant development projects in the Americas. Teck emphasizes responsible mining practices.

APEC Mine Closure Checklist:

Teck actively contributed as a private sector representative to the APEC Checklist Steering Committee, advocating for:

Comprehensive Regulation: Addressing all aspects of mine closure historically done poorly within the industry.
Industry Accountability: Ensuring all companies adopt best practices for responsible closure.
Benefits of Clear Regulation: Enabling proactive planning during mine design and operation for more effective post-closure management.

Teck's Approach to Closure:

Teck adopts a holistic approach to mine closure, characterized by:

Early and Continuous Planning: Integrating closure considerations throughout the mine life cycle.
Progressive Reclamation: Aiming for land restoration and revegetation at all operations.
Community Engagement: Actively seeking and incorporating community input in closure planning.
Collaborative Efforts: Emphasizing the need for partnership between governments and companies to prepare for successful transitions.
Long-Term Community Preparedness: Recognizing that community readiness for closure must begin well before mining operations cease.