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Teck Announces New Collective Agreement at Carmen de Andacollo

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2012) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that employees at its Carmen de Andacollo Operations in Chile have ratified a new 45 month agreement commencing January 2012 through September 2015, replacing an agreement which expired on December 31, 2011.

"Our discussions with the union were very productive and we are pleased to have reached a new collective agreement at our Carmen de Andacollo operation," said Hugo Herrera, General Manager at Carmen de Andacollo.

The unrelated collective agreement at Teck's Quebrada Blanca Operations in Chile expires on January 31, 2012. Separate labour discussions at that operation are underway.

About Teck
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. Further information about Teck can be found at: www.teck.com.

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