Overview
Status | Closing / Closed |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ... |
Mine Life | 2020 |
Having reached its end of mine life in June 2020, Cardinal River mine is in Active Closure. This phase of mine life begins when mining has been completed. Active Closure includes decommissioning of site facilities and infrastructure, final land reclamation, and, where required, remediation activities. |
Source:
p. 11,12
In November 2023, Teck Resources entered into separate agreements to sell steelmaking coal business to Glencore Plc (Glencore), Nippon Steel Corporation (NSC) and POSCO (the Steelmaking Coal Business Unit Transactions).
On January 1, 2024, in connection with the Steelmaking Coal Business Unit Transactions Teck Resources completed an internal reorganization of the steelmaking coal business unit to align all steelmaking coal assets, including Teck Coal Partnership and Elkview Mining Limited Partnership, under a newly organized Elk Valley Mining Limited Partnership (EVM LP).
On January 3, 2024, Teck completed the NSC and POSCO Transactions, with NSC and POSCO acquiring a 20% and 3% interest, respectively, in EVM LP. Following the NSC and POSCO Transactions, EVM LP now holds a 100% interest in all of the steelmaking coal operations and Teck holds a 77% interest in EVM LP, with NSC and POSCO holding the remaining 20% and 3%, respectively.
Contractors
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Summary:
All of Teck’s coal mines are conventional open pit operations and are designed to operate on a continuous basis, 24 hours per day, 365 days per year.
Source:
Summary:
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Production:
Commodity | Units | 2017 | 2016 |
Coal (metallurgical)
|
Mt
| 1.3 | 1.3 |
All production numbers are expressed as clean coal.
Operational Metrics:
Metrics | 2019 | 2018 | 2017 | 2016 | 2015 |
Annual mining capacity
| 2 Mt | 2 Mt | 2 Mt | 2 Mt | 2 Mt |
Coal washing plant annual capacity
| 3.5 Mt of clean coal | 3.5 Mt of clean coal | 3.5 Mt of clean coal | 3.5 Mt of clean coal | 3 Mt of clean coal |
Reserves at December 31, 2023:
Category | Tonnage | Commodity |
Measured
|
33,100 kt
|
Coal (metallurgical)
|
Measured
|
1,600 kt
|
Coal (PCI)
|
Indicated
|
2,400 kt
|
Coal (metallurgical)
|
Indicated
|
300 kt
|
Coal (PCI)
|
Inferred
|
400 kt
|
Coal (metallurgical)
|
Corporate Filings & Presentations:
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