Final Thoughts
Teck Resources Producing Low-Carbon Zinc
Written by Laura Miller
March 30, 2023
Teck Resources is now producing zinc with a low-carbon footprint.
A new report independently reviewed by PricewaterhouseCoopers shows the extremely low-carbon footprint of refined zinc from Teck’s Trail Operations in British Columbia, Canada.
The report shows that Trail Operations’ zinc generates far less CO2e (carbon dioxide equivalent) per ton than the global average: 0.93 metric tons of CO2e vs. the global average of 3-4 metric tons.
“Zinc is a critical mineral, important for its role in protecting infrastructure and in technologies for the low-carbon transition,” said Teck’s CEO Jonathan Price. “Teck is focused on responsibly producing this critical mineral with a reduced-carbon footprint, and meeting the highest environmental and social standards.”
Teck is a mining company based in Vancouver, British Columbia.
Its Trail Operations has an annual production capacity of 310,000 metric tons of zinc.
In February, Teck announced its intention to reorganize its businesses into two independent companies. Teck Metals Corp. will produce low-cost base metals and Elk Valley Resources will produce steelmaking coal. Shareholders are set to vote on approval of the business separation at a meeting on April 26.
By Laura Miller, laura@steelmarketupdate.com
Laura Miller
Read more from Laura MillerLatest in Final Thoughts
Final Thoughts
It’s once again A Tale of Two Cities in the steel market. Some are almost euphoric about Trump’s victory. Others, some rather bearish, are more focused on the day-to-day market between now and Inauguration Day on Jan. 20.
Final Thoughts
One of the perhaps unintentional perks of being a trade journalist is the opportunity to travel and cover an array of industry conferences and events. Some I've attended have been at fun locations, like Palm Springs and Tampa, Fla. Others have been in more practical locations, like SMU’s Steel Summit in Atlanta and American Iron and Steel Institute (AISI) and Steel Manufacturers Association (SMA) meetings in Washington, D.C.
Final Thoughts
t this point in the game I think what we can say about Nippon Steel’s proposed buy of Pittsburgh-based U.S. Steel is that it will go through, it won’t go through, or the outcome will be something new and completely unexpected. Then again, I’m probably still missing a few options.
Final Thoughts
President-elect Donald Trump continues to send shockwaves through the political establishment (again). And steel markets and ferrous scrap markets continue to be, well, anything but shocking. As the French writer Jean-Baptiste Alphonse Karr wrote in 1849, "The more things change, the more they stay the same." (I thought the quote might have been Yankees catcher Yogi Berra in 1949. Google taught me something new today.)
Final Thoughts
President-elect Donald Trump will officially retake the White House on Jan. 20. I’ve been getting questions about how his administration’s policies might reshape the steel industry and domestic manufacturing. I covered the tumult and norm busting of Trump's first term: Section 232, Section 301, USMCA - and that's just on the trade policy side of things. It's safe to say that we'll have no shortage of news in 2025 when it comes to trade and tariffs.