HVC MLE is a brownfield extension of our operational asset, Highland Valley Copper (100% Teck owned) in British Columbia, from 2028 out to 2046. Average copper production is estimated to be 132,000 tonnes per year over the life of mine.
The environmental assessment certificate and required permits for HVC MLE were issued in June 2025, approval to proceed was received by Teck’s Board of Directors in July 2025, and construction is set to commence in full in August 2025.
HVC MLE is expected to create some 2,900 jobs during the construction phase of the project. After construction, Highland Valley Copper’s ongoing operations will support approximately 1,500 direct jobs and generate an estimated $500 million in annual GDP.
Teck’s total capital investment in the project represents the largest critical minerals investment in British Columbia history.
Copper Demand
Demand for copper is expected to double by 2050. This increase in copper demand is driven by factors that include the global transition to a low-carbon future, global population growth, and urbanization. Copper is a vital component in everything from advanced computing and AI technology to renewable power generation, electric vehicles and smartphones.
Project Location
The HVC MLE will be located at the current HVC site, approximately 17 km west of Logan Lake and 75 km southwest of Kamloops.
*Formerly referred to as the Highland Valley Copper 2040 Project
