Teck Announces Proposed Pogo Sale

TECK OPERACIONES MINERAS CHILE LTDA.

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TECK OPERACIONES MINERAS CHILE LTDA.

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Teck Announces Proposed Pogo Sale
09-13-TC
April 30, 2009 /

Vancouver – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) today announced that it has entered into a non-binding memorandum of understanding with Sumitomo Metal Mining Co. Ltd. (“SMM”) regarding the proposed sale of Teck’s 40% interest in the Pogo mine in Alaska for US$245 million subject to adjustment for working capital. SMM holds an indirect 51% interest in Pogo and an affiliate of Sumitomo Corp. holds a 9% interest in Pogo.

The arrangement with SMM follows receipt by Teck of a third-party offer to acquire Teck’s interest in Pogo on comparable terms. Completion of the transaction is subject to the negotiation and settlement of a definitive agreement and other customary conditions. Teck expects the transaction to close by the end of the second quarter.

Más información sobre este producto consulte en: http://www.teck.com/Generic.aspx?PAGE=Teck+Site/Media+Pages/Media+Detail&releaseNumber=09-13-TC&portalName=tc












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