Teck Trail announces $174 million for new acid plant
Teck Metals Ltd. (“Teck”) announced on January 2, 2107, that the company will invest $174 million in the installation of a new acid plant to improve efficiency and environmental performance at its Trail Operations.
“Construction of the new acid plant represents an important investment in the ongoing sustainability and long-term future of Trail Operations,” said Thompson Hickey, General Manager, Trail Operations. “This new facility will improve our environmental performance, while providing greater operating reliability.”
The new acid plant will reduce downtime and maintenance costs and also enhance environmental performance. It will reduce SO2 emissions by a further 5% in addition to the 15% reduction in emissions realized from the installation of the No. 1 Acid Plant in 2014. The new plant will replace an existing plant and will be a replica of the No. 1 Acid Plant, using the best commercially available technology.
Construction is expected to start in the first quarter of 2017, with the plant becoming operational in the summer of 2019. Approximately 160 jobs will be created during construction.
Over the last 20 years Teck has made significant investments to improve Trail Operations’ environmental performance, resulting in emissions of metal to air and water being reduced by over 95 per cent.
Teck Metals Ltd. is a wholly-owned subsidiary of Teck Resources Limited, a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Learn more about Teck at www.teck.com or follow @TeckResources.