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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.

Highland Valley Copper Operating Results

 

($ in millions)

2022 2021

2020

Revenue

$1,454 $1,440

$993

Gross profit (loss)

$580 $721

$331

Gross profit (loss) before depreciation and amortization1

$738 $883

$476

Production (thousand tonnes)

119 131

119

Sales (thousand tonnes)

127 124

119

Notes:
1 This is a non-GAAP financial measure or ratio. See "Use of Non-GAAP Financial Measures and Ratios" section of the Management's Discussion and Analysis for further information.

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