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Teck and SAAM Towage deploy electric tugs to Canadian Business Journal’s Neptune Terminal

VANCOUVER, British Columbia, October 13, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B; NYSE: TECK) (“Teck”) and SAAM Towage (“SAAM”) announced today that , announced the deal. Two electric tugs will be deployed at the Neptune Terminal in Vancouver, British Columbia (BC) to support Teck’s climate goals. It will be the first electric tug to operate in Canada as a complete tug package of port support and tug services.

Under the contract, SAAM will supply two ElectRA 2300 SX tugs, which are expected to enter service in the second half of 2023, and are expected to reduce GHG emissions by more than 2,400 tonnes annually. In addition to reducing emissions, the use of electric tugs also reduces underwater noise, benefiting harbor marine life.

Teck CEO Jonathan Pryce said: “Working with transport providers to develop eco-friendly transport corridors is part of our climate strategy and supports our goal of net zero emissions by 2050.”

Sander Bikkers, President of SAAM Towage Canada, said: “This partnership is based on a shared commitment to address the global challenge of climate change by reducing our carbon footprint.”

The ElectRA Tugs will be designed by Vancouver-based Robert Allan Ltd. (RAL) and built at the Sanmar shipyard in Turkey.

The announcement builds on Teck’s progress to reduce emissions across its supply chain by working with partners to reduce ship emissions intensity by 40% by 2030.

Teck previously announced an agreement with Oldendorff Carriers to use energy efficient bulk carriers to ship Teck steelmaking coal from the Port of Vancouver, saving 45,000 tonnes of CO2.2 Equivalent to removing about 10,000 passenger cars from the road each year. Teck is also piloting a fully electric highway transportation truck to haul copper concentrate between Teck’s Highland Valley Copper Operations in south-central BC and his rail loading facility in Ashcroft, BC. Announced.

Teck’s climate strategy also includes the goal of reducing carbon intensity across its operations by 33% by 2030 and becoming a net zero operator by 2050. Click here for more information on Teck’s commitment to climate change.

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Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995; securities law (Ontario). Forward-looking statements relate to expectations regarding energy efficiency and CO realizations.2 Long-term sustainability strategy, including but not limited to emissions reductions and 2030 and 2050 targets. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated in the forward-looking statements. Forward-looking statements in this press release affect commodity prices, general economic conditions and the performance of our business, achieving energy efficiency in line with expectations, and our ability to meet our climate and long-term goals. Based on assumptions. In particular, the impact of these goals on our business. The preceding list of assumptions is not exhaustive. Factors that could cause actual results to differ include changes in commodity prices or general economic conditions, the impact of actual climate change, the unavailability of suitable technology under suitable conditions, and legal and governmental including, but not limited to, regulatory changes or their enforcement that affect our operations or strategy. We undertake no obligation to update any forward-looking statements, except as required by securities laws.

Further information regarding the risks and uncertainties associated with these forward-looking statements is set out in the Annual Information Form for the year ended December 31, 2020, filed under SEDAR’s profile. increase (www.sedar.com) and EDGAR (www.sec.gov) under the cover of Form 40-F and subsequent submissions under our profile.

About SAAM Towage
Chile-based SAAM Towage is a division of SAAM Group, the largest towing service provider in the Americas. The company operates 80 of his tugs in 13 countries, including his 9 tugs servicing Vancouver’s Inner Harbor, British He has a strong presence in Columbia. is building SAAM Group is listed on Chile’s Santiago Exchange and is part of the Dow Jones Sustainability Index Chile and his DJSI MILA.

About Tech
As one of Canada’s leading mining companies, Teck is committed to responsible mining and minerals development, with major business units focused on investments in copper, zinc, steelmaking coal and energy assets. The transition to a low-carbon society requires copper, zinc and high-quality iron-making coal. Headquartered in Vancouver, Canada, Tech’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and on the New York Stock Exchange under the symbol TECK. For more information about Teck, please visit www.teck.com or follow us. @TeckResources.

Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
[email protected]

Media contact:
Chris Stannell
public relations manager
604.699.4368
[email protected]

SAAM Twage Contact:
Thunder Vickers
[email protected]
Bus: 604.251.0214
Mobile: 604.240.5754

Teck and SAAM Towage deploy electric tugs to Canadian Business Journal’s Neptune Terminal
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Teck and SAAM Towage deploy electric tugs to Canadian Business Journal’s Neptune Terminal

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