Teck Resources Investor Presentation — October 2017

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Third Quarter 2017 Results

October 26, 2017Forward Looking Information

Both these slides andtheaccompanying oralpresentation contain certain forward -looking statements within themeaning oftheUnited States Private Securities Litigation Reform Actof1995 and

forward -looking information within themeaning oftheSecurities Act(Ontario) .Forward- looking statements canbeidentified bytheuseofwords such as“plans”, “expects” or“does notexpect”, “is

expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or“does notanticipate”, or“believes”, orvariation ofsuch words andphrases orstate thatcertain actions, events

orresults “may”, “could”, “should”, “would”, “might” or“will” betaken, occur orbeachieved. Forward -looking statements involve known andunknown risks, uncertainties andother factors which may

cause theactual results, performance orachievements ofTeck tobematerially different from anyfuture results, performance orachievements expressed orimplied bytheforward -looking

Theforward -looking statements inthese slides andtheoralpresentation include estimates, forecasts, andstatements astomanagement’s expectations withrespect to,among other matters, cash

flow from Fort Hills, theexpectation that theD3project willincrease millthroughput andcopper recoveries atHighland Valley, costs andtiming oftheD3project, copper cost andproduction

guidance, molybdenum production guidance, projection ofRed Dog sales, expected benefits oftheVIP2 project atRed Dog andprojection thatitwillincrease average millthroughput byaround

15%,costs andtiming oftheVIP2project, zinc production guidance, expectations regarding ourcoal product mix, coal production guidance andcoal cost guidance, ElkValley Water Quality Plan

cost andspending guidance, FortHills production expectations, expectation thatthere willnotbeanyissues withavailability ofdiluent inthemarket inWestern Canada, expectations regarding Fort

Hills product quality, energy sales andlogistics strategy andourexpectations regarding thatstrategy, thestatement thatourfinancial position remains strong forthefuture, anddemand andmarket

outlook forcommodities .These forward -looking statements involve numerous assumptions, risks anduncertainties andactual results may vary materially .

These forward -looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially .These statements arebased onanumber ofassumptions,

including, butnotlimited to,assumptions regarding general business andeconomic conditions, interest rates, thesupply anddemand for,inventories of,andthelevel andvolatility ofprices ofzinc,

copper, coal andgold andother primary metals andminerals produced byTeck aswell asoil,natural gasandpetroleum products, Teck’s costs ofproduction andproduction andproductivity