Teck Resources Limited

McMillan represented Teck Coal Limited in connection with a five-year rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations from Kamloops to Neptune Terminals and other west coast ports. The agreement runs from April 2021 to December 2026, and will enable Teck to significantly increase shipment volumes through an expanded Neptune Terminals. The agreement also provides for investments by CN of more than $125 million to enhance rail infrastructure and support increased shipment volumes to Neptune.

Teck Resources Limited is Canada’s largest integrated mining company, single largest rail shipper, the largest steelmaking coal exporter in the Western Hemisphere, and largest open pit copper miner in Canada and one of the world’s largest zinc miners.

Teck Coal Limited (NYSE: TECK; TSX: TECK.B) in connection with a five year rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations from Kamloops to Neptune Terminals and other west coast ports (December 4, 2019; terms not disclosed)