Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) has secured an environmental assessment certificate to extend the life of its Highland Valley Copper (HVC) mine in British Columbia, keeping Canada’s largest copper operation running into the mid-2040s.
The Vancouver-based miner expects the expansion to support an average annual production of 137,000 tonnes of copper over the mine’s remaining lifespan. Construction preparation will begin shortly, with a final investment decision expected from Teck’s board in the third quarter of 2025, president and chief executive officer Jonathan Price said in a statement.
Price noted the project will help strengthen North America’s critical minerals supply chain while contributing to job creation and economic activity. He said the expansion will create about 2,900 construction jobs and support 1,500 positions once operational.
To speed up approval for what BC…
