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Teck announces first zinc and lead concentrate shipment from Pend Oreille mine in Washington State.

M2 EQUITYBITES-December 18, 2014-Teck announces first zinc and lead concentrate shipment from Pend Oreille mine in Washington State

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Mining company Teck Resources (TSX:TCK.A)( TSX:TCK.B) (NYSE:TCK) reported on Wednesday the first ship load of zinc and lead concentrate from its mine in northeastern Washington State.

The company said the zinc and lead concentrate is being shipped from its restarted Pend Oreille Operations in northeastern Washington State to its nearby Trail Operations in British Columbia for processing.

Operated by Teck Washington Incorporated, Pend Oreille has an expected annual production rate of 44,000 tonnes of zinc in concentrate per year. The re-opening of the mine will bring an estimated USD20m of local investment during the start-up phase and supports approximately 230 jobs in Pend Oreille County. The regulatory and environmental permits are in place and the mine facilities have been maintained since 2009 to support the restart.

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Publication:M2 EquityBites (EQB)
Date:Dec 18, 2014
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