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Highland Valley Copper

Highland Valley Copper Operations is a copper and molybdenum operation located in south-central British Columbia.

About Highland Valley Copper

Highland Valley Copper (HVC) Operations is located approximately 17 kilometres west of Logan Lake and about 50 kilometres southwest of Kamloops in British Columbia. Teck has a 100% interest in HVC.

HVC produces both copper and molybdenum concentrates through autogenous and semi-autogenous grinding and flotation. Once processed, the metal concentrates are exported overseas, where the majority is sold under long-term sales contracts to smelters.

Annual copper production from 2021 to 2023 is expected to be between 155,000 and 165,000 tonnes per year. Copper production is anticipated to average about 150,000 tonnes per year after 2023, through to the end of the current mine plan in 2027


Highland Valley Copper Operating Results

 

($ in millions)

2019

2018

Revenue

$1,005

$941

Gross Profit before depreciation and amortization (1)(2)

$395

$343

Gross Profit (Loss)

$196

$164

Production (000's tonnes)

121

101

Sales (000's tonnes)

124

103

Notes:
(1)Non-GAAP Financial Measure. See “Use of Non-GAAP Financial Measures” section for further information.
(2)See “Use of Non-GAAP Financial Measures” section for reconciliation. 

Teck Highland Valley Copper Partnership

P.O. Box 1500
Logan Lake, B.C.
Canada V0K 1W0
t: 250.523.2443
f: 250.523.3242

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Teck

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