Teck Provides Coal Update

Vancouver – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that coal contract settlements have progressed sufficiently to permit Teck to update its coal sales guidance. Teck expects 2009 coal sales to be at the upper end of the previously announced range of 18-20 million tonnes. Teck expects second quarter sales of approximately 5 million tonnes and third quarter sales in excess of 6 million tonnes. Significant increases in sales to China contribute significantly to Teck’s increased confidence in higher sales volumes. Previously planned temporary production shutdowns at several mines have now been cancelled in order to meet the increased demand.

Teck has completed negotiations with more than 80% of its traditional customers, with pricing consistent with previously announced settlements at US$128 per tonne for Teck’s highest quality coal products. To date, customers have committed to take delivery of 2.3 million tonnes of carryover tonnage in the 2009 coal year at 2008 coal year prices.