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Greenhills Operations

Greenhills Operations is one of our five steelmaking coal operations located in the Elk Valley of British Columbia.

About Greenhills

Greenhills Operations is located approximately eight kilometres northeast of the community of Elkford, in southeastern British Columbia. It is one of our five steelmaking coal operations in the Elk Valley.

Teck has an 80% partnership interest in Greenhills. The remaining 20% is held by POSCO Canada Limited (POSCAN) and POSCAN’s parent, POSCO, a Korean steel producer.

Greenhills produces steelmaking coal – also called metallurgical coal or coking coal — which is used to make steel. We export the processed coal by sea to the Asia-Pacific region and elsewhere. This involves the shipment of the steelmaking coal from the mine site to bulk port terminals in Vancouver by rail. It is then loaded on to larger seagoing vessels, which carry it to our target markets.

Proven and probable reserves at Greenhills are projected to support mining at current planned production rates for a further 39 years.

Coal Business Unit Operating Results

($ in millions)

2015

2014

Revenue

$3,049

$ 3,335

Gross Profit (before depreciation and amortization)

$906

$920

Production (million tonnes)

25.3

26.7

Sales (million tonnes)

26.0

26.2

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Greenhills Operations

P.O. Box 5000
Elkford, B.C.
Canada V0B 1H0
t: 250. 865.3097
f: 250.865.3250

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Teck is a diversified resource company committed to responsible mining and mineral development with business units focused on copper, zinc, steelmaking coal and energy.