Teck Resources Limited

CPKC, Teck Announce Long-Term Rail Agreement

Canadian Pacific Kansas City (CPKC) and Teck Coal Limited (Teck) have entered into a long-term rail agreement for transportation of steelmaking coal from Teck’s four operations in southeastern, B.C., the Class I announced May 4.

A Teck Shift in Canada

CN and Teck Resources Limited, a diversified resource company with major business units in copper, steelmaking coal, zinc and energy, on Dec. 4 announced a long-term agreement for shipping steelmaking (metallurgical) coal* from Teck’s four British Columbia operations between Kamloops and Neptune Terminals, and other West Coast ports. The agreement, which runs from April 1, 2021 until December 31, 2026, will replace Teck’s current 10-year agreement with Canadian Pacific, which expires March 31, 2021. CP, which interchanges with CN at Kamloops, will continue to serve Teck at originating mine sites.