Quintette Project Update North East Coal Forum

1. Quintette Project UpdateNorth East Coal Forum Jeff Butcher Processing Superintendent October 10, 2013

2. A Leader in Sustainable Mining • Growth – growing to maximize the value of our resources • Productivity – continuously improving our efficiency • Sustainability – responsibly mining for the long term

3. A Leader in Sustainable Mining • Growth – growing to maximize the value of our resources • Productivity – continuously improving our efficiency • Sustainability – responsibly mining for the long term

4. Coal Business Unit

5. A Leading Global, High Quality Steelmaking Coal Producer # 1 Producer of steelmaking coal in N. America # 2 Exporter of steelmaking coal in world 80% of Canadian steelmaking coal production Over 4,400 employees across six steelmaking coal operations

6. Our Coal Resources are Sufficient for Over 100 Years of Production Reserves Measured & Indicated Resources Inferred Resources Long-Life Quality Coal Reserves and Resources • Approximately 35 years of reserves • Significant resources to support existing reserve base • More than 95% of our reserves and resources are hard coking coal 1.02 billion clean tonnes 3.66 billion in situ tonnes 2.22 billion in situ tonnes Source: Teck Resources Limited

7. Our Operations Have a Robust Supply Chain Legend CN Rail CP Rail Quintette

8. We are a Leading Supplier to Steel Producers Around the World • Teck Coal – high quality, consistency, reliability, long-term supply North America ~5% Europe ~15% Asia ex.China ~45% China ~30% South America ~5% Source: Teck Resources Limited

9. Quintette Background

10. Growing Coal ProductionQuintette Restart Update

11. Quintette History • Located in the Peace River Coal Field of northeast B.C. • Previous operations took place from 1982 to August 2000 • Area of interest is the former Windy Pit (mined from 1997 to closure) and the Window Pit • The previously mined Mesa, Wolverine and Shikano Pits are considered exhausted

12. Growing Coal ProductionQuintette Restart Update • Targeting 2015 production at 3 Mtpa growing to 4 Mtpa • Major permit (Mines Act Permit Amendment) obtained • Impact Benefit Agreements with First Nations progressing well • Substantial infrastructure (plant, electricity) already exists and refurbishing has begun • Geology simple; coal quality known and valued in the market

13. The Path Forward • Acquisition of Effluent Permit • Finalization of First Nations agreements • We are continuing to proceed with detailed engineering work • If a decision is made in early 2014 to proceed, the operation could be in commercial production in mid-2015

14. Summary • Growth – well advanced in growing from 24Mt to +30Mt, with successful Quintette permitting • Productivity – significant movement down the cost curve • Sustainability – continuous improvement in safety, responsible environmental management with ongoing benefits for communities

15. Plant Dewatering – Dry Coal without Drying • Coal dewatering comprised of 3 stages • Drain & Rinse • Mechanical Dewatering • Thermal Dewatering

16. Thermal Dewatering • Traditionally most flexible and easiest, but most energy intensive • Requires heating of large volume of air, energy inefficient.

17. Drain & Rinse • Coarse Coal Drain and Rinse • Magnetite recovery and proper moisture • Fine Coal Drain and Rinse • Ash separation and moisture reduction

18. Mechanical Dewatering • Mechanical dewatering through centrifugal force, air pressure or vacuum • Opportunity to add as much energy to minimize the requirement for thermal drying

19. Summary • Growth – well advanced in growing from 24Mt to +30Mt, with successful Quintette permitting • Productivity – significant movement down the cost curve • Sustainability – continuous improvement in safety, responsible environmental management with ongoing benefits for communities

20. Coal Processor’s Guide Stone

21. Coal Processor’s Guide Stone

22. Questions? Thank You