Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Teck's Red Dog mine earns Zinc Mark for responsible practices

Published 2024-02-12, 07:52 p/m
Updated 2024-02-12, 07:52 p/m
© Reuters.

VANCOUVER - Teck Resources (NYSE:TECK) Limited (TSX: TECK.A and TECK.B, NYSE: TECK), a major Canadian mining company, has announced that its Red Dog Operations in the United States has received the Zinc Mark, acknowledging the mine's commitment to environmentally and socially responsible production. This recognition makes Red Dog the first mining site to earn the stand-alone Zinc Mark, as stated by Michèle Brülhart, Executive Director of the Copper Mark.

The Zinc Mark is part of the Copper Mark assurance framework, which also includes the Molybdenum Mark and Nickel Mark, designed to promote responsible production practices along the value chains of the covered minerals. To achieve verification, operations must meet 32 criteria related to responsible production, including greenhouse gas emissions, community health and safety, Indigenous rights, and business integrity.

Jonathan Price, President and CEO of Teck, emphasized the company's dedication to the responsible production of critical minerals like zinc, which are essential for a low-carbon future. The Red Dog Operations is not only one of the world's largest zinc mines but also the largest critical mineral mine in the USA.

Teck's sustainability strategy underpins its commitment to responsible production, focusing on sustainable operations, ensuring the health and safety of its workforce, and fostering strong community relationships. The company's Trail Operations, a major zinc and lead smelting and refining facility, has been noted for its extremely low carbon intensity product.

In 2023, Teck's Trail Operations was the first smelting and refining facility globally to receive the Zinc Mark verification. Additionally, Teck's Quebrada Blanca Operations and Carmen de Andacollo Operations were awarded the Copper Mark. Previously, Teck's Highland Valley Copper Operations was the first Canadian mine to achieve Copper Mark verification.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Teck is among the world's largest producers of mined zinc, with shares listed on both the Toronto and New York stock exchanges.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.