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Teck Announces Construction of Highland Valley Copper Mine Life Extension to Proceed - Teck Resources (NYSE:TECK)
BRITISH COLUMBIA, CANADA, JUL 24 – The $2.4 billion project will extend the mine's life to 2046 and support about 1,500 jobs while meeting rising copper demand driven by global electrification trends.
- On July 24, 2025, Teck Resources Limited approved construction of the Highland Valley Copper Mine Life Extension Project, a $2.4-billion plan that ranks as British Columbia's largest critical-minerals investment.
- Amid a shift to a low-carbon economy, the extension will run through 2046 to meet demand, Teck said, to support electrification needs.
- Advancing project readiness, Teck has completed major engineering work and begun procurement, funding upgrades to infrastructure, equipment, grinding-circuit, tailings storage, and power and water systems.
- In economic terms, the extension promises nearly 2,900 construction jobs and a $435-million GDP boost, Teck said, and Federal Energy and Natural Resources Minister Tim Hodgson said it positions Canada as a critical-minerals supplier of choice.
- Production from Highland Valley is expected to average 132,000 tonnes per year over the mine's extended life, supporting about 1,500 jobs throughout its operation.
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Bradford Today
Teck copper mine extension project to move forward as company's Q2 profit rises
VANCOUVER — Teck Resources Ltd. says construction of its Highland Valley Copper Mine Life Extension Project will move forward after receiving board approval as the company reported its second-quarter profit and revenue rose.
Teck copper mine extension project to move forward with up to $2.4B price tag
Teck Resources Ltd. says its board has given the green light to extending the life of Canada’s biggest copper mine by almost two decades with an investment of up to $2.4 billion. With the Highland Valley Copper Mine Life Extension project south of Kamloops, B.C., the Vancouver-based miner aims to produce 132,000 tonnes of copper […]
Teck Announces Construction of Highland Valley Copper Mine Life Extension to Proceed - Teck Resources (NYSE:TECK)
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX:TECK, NYSE:TECK) ("Teck") today announced board approval for construction of the Highland Valley Copper Mine Life Extension Project (HVC MLE), an important critical minerals investment which will extend the life of Canada's largest copper mine and support Teck's copper production into the future. "This extension of Canada's largest copper mine, Highland Va…
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