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EXHIBIT 2.01

 

Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name Teck Resources Limited
Reporting Year From 1/1/2024 To: 12/31/2024 Date submitted 5/23/2025
Reporting Entity ESTMA Identification Number  E452660     Original Submission    
    Amended Report    
             
Other Subsidiaries Included (optional field)            
             
For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

Teck Metals Ltd. - E097974

TCL US Holdings Ltd. - E433973

Teck Highland Valley Copper Partnership - E561040

             
Not Substituted            
             
Attestation Through Independent Audit            
             

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest that I engaged an independent auditor to undertake an audit of the ESTMA report for the entity(ies) and reporting year listed above. Such an audit was conducted in accordance with the Technical Reporting Specifications issued by Natural Resources Canada for independent attestation of ESTMA reports.

 

The auditor expressed an unmodified opinion, dated 2025-05-22, on the ESTMA Report for the entity(ies) and period listed above. The independent auditor's report can be found at end of report.

             
Full Name of Director or Officer of Reporting Entity   Crystal Prystai Date  5/22/2025  
Position Title   Executive Vice President and Chief Financial Officer      

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report
 
Reporting Year From: 1/1/2024 To: 12/31/2024              
Reporting Entity Name Teck Resources Limited

Currency

of the Report

 CAD  
Reporting Entity ESTMA Identification Number E452660      
Subsidiary Reporting Entities (if necessary)

Teck Metals Ltd. - E097974

TCL US Holdings Ltd. - E433973

Teck Highland Valley Copper Partnership - E561040

     
Payments by Payee

 

Country

 

Payee Name1

Departments, Agency, etc… within Payee that Received

Payments2

 

Taxes

 

Royalties

 

Fees

 

Production Entitlements

 

Bonuses

 

Dividends

Infrastructure Improvement Payments

 

Total Amount paid to Payee

 

Notes34

Canada Government of Canada   1,329,660,000 - 260,000 - - - - 1,329,920,000 Note 2, Note 4
Canada Government of British Columbia   206,390,000 - 1,230,000 - - - - 207,620,000 Note 3
Canada Citxw Nlaka'pamux Assembly   - 1,800,000 6,740,000 - - - - 8,540,000  
Canada Nhwelmen Construction GP Ltd.   - - 7,800,000 - - - - 7,800,000  
Canada Government of Alberta   6,190,000 - - - - - - 6,190,000  
Canada Nlaka'pamux Nation Tribal Council   - 4,130,000 700,000 - - - - 4,830,000  
Canada District of Logan Lake   3,400,000 - - - - - - 3,400,000  
Canada Lower Nicola Indian Band   - 1,570,000 1,700,000 - - - - 3,270,000  
Canada Cooks Ferry Indian Band   - - 1,040,000 - - - - 1,040,000  
Canada British Columbia Securities Commission   - - 290,000 - - - - 290,000  
Canada Stk'emlupsemc Te Secwepemc Nation   - - 260,000 - - - - 260,000  
Canada City of Kimberley   230,000 - - - - - - 230,000  
Canada Tahltan Nation   - - 230,000 - - - - 230,000  
Canada Kanaka Bar Indian Band   - - 140,000 - - - - 140,000  
Peru Government of Peru   169,310,000 - 6,820,000 - - - 11,250,000 187,380,000 Note 1, Note 5
United States of America Government of United States   71,960,000 - - - - - - 71,960,000 Note 1, Note 6
United States of America District of Northwest Arctic Borough   43,550,000 - - - - - - 43,550,000 Note 1
United States of America State of Alaska   15,990,000 - 1,320,000 - - - - 17,310,000 Note 1, Note 2, Note 7
United States of America City of St. Louis   450,000 - 190,000 - - - - 640,000 Note 1
United States of America State of Minnesota   - - 340,000 - - - - 340,000 Note 1, Note 2, Note 8
United States of America State of Wisconsin   290,000 - - - - - - 290,000 Note 1
United States of America State of New Mexico   - - 230,000 - - - - 230,000 Note 1
United States of America City of Pend Oreille   150,000 - - - - - - 150,000 Note 1
United States of America State of Colorado   - - 130,000 - - - - 130,000 Note 1
United States of America State of Oregon   - - 130,000 - - - - 130,000 Note 1
Chile Government of Chile   23,470,000 - 3,110,000 - - - - 26,580,000 Note 1, Note 2, Note 9
Chile Municipality of Las Condes   920,000 - - - - - - 920,000 Note 1
Chile Municipality of Andacollo   760,000 - 150,000 - - - - 910,000 Note 1
Chile Municipality of Pica   870,000 - - - - - - 870,000 Note 1
Chile Salar de Coposa Aymara Indigenous Association   - - 580,000 - - - - 580,000 Note 1
Chile Sallihuinca Indigenous Association   - - 540,000 - - - - 540,000 Note 1
Chile Quechua Indigenous Community of Huatacondo   - - 460,000 - - - - 460,000 Note 1
Chile Quechua Indigenous Community of Ollague   - - 260,000 - - - - 260,000 Note 1
Chile Yatin UTA Matilla's Indigenous Association   - - 240,000 - - - - 240,000 Note 1
Chile Aymara Indigenous Livestock and Cultural Association   - - 210,000 - - - - 210,000 Note 1, Note 11
Chile Municipality of Iquique   200,000 - - - - - - 200,000 Note 1
Chile Nascent Collahuasi Aymara Indigenous Association   - - 190,000 - - - - 190,000 Note 1
Chile Aymara Indigenous Association of Chanavaya Cove   - - 110,000 - - - - 110,000 Note 1, Note 11
Turkey Government of Turkey   210,000 - 330,000 - - - - 540,000 Note 1, Note 10
Australia Government of Western Australia   - - 280,000 - - - - 280,000 Note 1
Australia Northern Territory Government   - - 190,000 - - - - 190,000 Note 1
Mexico Government of Mexico   - - 360,000 - - - - 360,000 Note 1
Additional Notes:

Note 1: Payments denominated in a foreign currency is translated using the closing spot rate on December 31, 2024: Exchange rates used for translation per $1 Canadian Dollar are as follows: AUD 1.1228, CLP 690.3280, PEN 2.6101, TRY 24.5610, MXN 14.4845, and USD 0.6943

Note 2: Taxes reported do not include cash tax refunds received in 2024 from: Government of Canada $0.06M; State of Alaska $1.9M; Government of Chile $30.5M; State of Minnesota $0.2M

Note 3: Payees include - Ministry of Finance British Columbia

Note 4: Payees include - Receiver General of Canada, Canadian Revenue Agency, and Export Development Canada

Note 5: Payees include - Instituto Geológico Minero y Metalúrgico, Superintendencia Nacional de Aduanas y de Administración Tributaria, Autoridad Nacional del Agua, Ministerio de Transportes Y Comunicaciones, Fondo Nacional de Capacitacionlaboral Y de Promocion del Empleo, Organismo Supervisor de la Inversión en Energía y Minería, and Organismo de Evaluación y Fiscalización Ambiental

Note 6: Payees include - United States Treasury, United States Nuclear Regulatory Commission, Internal Revenue Service, and United States Forest Service

Note 7: Payees include - Alaska Department of Natural Resources and Alaska Department of Environmental Conservation

Note 8: Payees include - Minnesota Department of Natural Resources

Note 9: Payees include - Tesoreria General de la República and Ministerio de Bienes Nacionales

Note 10: Payees include - General Directorate of Mining Affairs, Ministry of Finance Segmenler Tax Office, Ministry of Finance Yegenbey Tax Office, Social Security Institution, Ministry of Finance Hitit Tax Office

Note 11: Names of Payees in Spanish: Asociación Indígena Aymara ganadera y cultural quebrada Yabricollita y Caya, and Asociacion Indigena Aymaras De Caleta Chanavaya

Note 12: In the reporting period, Teck Resources Limited sold EVR to Glencore. As part of this transaction, it was agreed that any reportable payments would be disclosed by EVR/Glencore in their ESTMA reports.

 

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report
Reporting Year From: 1/1/2024 To: 12/31/2024            
Reporting Entity Name Teck Resources Limited

Currency

of the Report

 CAD   
Reporting Entity ESTMA Identification Number E452660      
Subsidiary Reporting Entities (if necessary)

Teck Metals Ltd. - E097974

TCL US Holdings Ltd. - E433973

Teck Highland Valley Copper Partnership - E561040

     
Payments by Project

 

Country

 

Project Name1

 

Taxes

 

Royalties

 

Fees

 

Production Entitlements

 

Bonuses

 

Dividends

Infrastructure Improvement Payments Total Amount paid by Project

 

Notes23

Canada Corporate Office - Chile 108,300,000 - - - - -   108,300,000  
Canada Frontier 1,630,000 - - - - - - 1,630,000  
Canada Galore Creek 20,000 - 230,000 - - - - 250,000  
Canada Head Office - Canada 1,397,800,000 - 620,000 - - - - 1,398,420,000  
Canada Highland Valley Copper 38,120,000 7,500,000 19,530,000 - - - - 65,150,000  
Peru Antamina 169,300,000 - 4,600,000 - - - 11,250,000 185,150,000 Note 1
Peru Peru Exploration Properties - - 80,000 - - - - 80,000 Note 1, Note 2
Peru Zafranal - - 2,110,000 - - - - 2,110,000 Note 1
United States of America Corporate Office - US 82,910,000 - 320,000 - - - - 83,230,000 Note 1
United States of America Lik, AK 203 (50% JV) - - 10,000 - - - - 10,000 Note 1
United States of America Pend Oreille 140,000 - 180,000 - - - - 320,000 Note 1
United States of America Red Dog 48,950,000 - 810,000 - - - - 49,760,000 Note 1
United States of America US Exploration Properties 440,000 - 1,080,000 - - - - 1,520,000 Note 1
Chile Carmen de Andacollo 7,350,000 - 870,000 - - - - 8,220,000 Note 1
Chile Chile Exploration Properties 140,000 - - - - - - 140,000 Note 1
Chile Corporate Office - Chile 9,060,000 - - - - - - 9,060,000 Note 1
Chile NuevaUnión 1,040,000   - - - - - 1,040,000 Note 1
Chile Quebrada Blanca 8,590,000 - 4,990,000 - - - - 13,580,000 Note 1
Turkey Corporate Office - Turkey 170,000 - - - - - - 170,000 Note 1
Turkey Turkey Exploration Properties 30,000 - 320,000 - - - - 350,000 Note 1, Note 3
Australia

Australia Exploration

Properties

- - 430,000 - - - - 430,000 Note 1
Australia Lennard Shelf - - 30,000 - - - - 30,000 Note 1
Mexico La Verde - - 70,000 - - - - 70,000 Note 1
Mexico San Nicolas 10,000 - 280,000 - - - - 290,000 Note 1
Additional Notes3:

Note 1: Payments denominated in a foreign currency is translated using the closing spot rate on December 31, 2024: Exchange rates used for translation per $1 Canadian Dollar are as follows: AUD 1.1228, CLP 690.3280, PEN 2.6101, TRY 24.5610, MXN 14.4845, and USD 0.6943

Note 2: Peru Exploration Properties include - Kello Kello, Antamayo, Pashpap, Tassa, and Miocene Au Properties

Note 3: Turkey Exploration Properties include - TV Tower

Note 4: In the reporting period, Teck Resources Limited sold EVR to Glencore. As part of this transaction, it was agreed that any reportable payments would be disclosed by EVR/Glencore in their ESTMA reports.