ANNUAL INFORMATION FORM March 15, 2011 TECK RESOURCES LIMITED Suite 3300, 550 Burrard Street Vancouver, British Columbia V6C 0B3 An additional copy of this Annual Information Form may be obtained upon request from the Corporate Secretary, Teck Resources Limited at the above address or from the company’s web site – www.teck.com TABLE OF CONTENTS NOMENCLATURE ....................................................................................................................................... III CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION ............................................... III GLOSSARY OF TECHNICAL TERMS ....................................................................................................... VI CORPORATE STRUCTURE ........................................................................................................................ 1 NAME, ADDRESS AND INCORPORATION ............................................................................................ 1 INTERCORPORATE RELATIONSHIPS ................................................................................................... 1 GENERAL DEVELOPMENT OF THE BUSINESS ...................................................................................... 4 THREE-YEAR HISTORY .......................................................................................................................... 4 2008 ...................................................................................................................................................... 4 2009 ...................................................................................................................................................... 5 2010 ...................................................................................................................................................... 6 DESCRIPTION OF THE BUSINESS ............................................................................................................ 7 GENERAL ................................................................................................................................................. 7 Product Summary ................................................................................................................................. 8 INDIVIDUAL OPERATIONS ................................................................................................................... 10 Copper ................................................................................................................................................. 10 Coal ..................................................................................................................................................... 17 Zinc ...................................................................................................................................................... 21 Energy ................................................................................................................................................. 25 Exploration .......................................................................................................................................... 29 Corporate ............................................................................................................................................ 29 MINERAL RESERVES AND RESOURCES ........................................................................................... 30 OIL AND GAS RESOURCES ................................................................................................................. 38 Fort Hills Project .................................................................................................................................. 38 Teck Resources/SilverBirch Joint Venture .......................................................................................... 39 SAFETY AND ENVIRONMENTAL PROTECTION ................................................................................. 40 SOCIAL AND ENVIRONMENTAL POLICIES ......................................................................................... 42 HUMAN RESOURCES ........................................................................................................................... 43 TECHNOLOGY ....................................................................................................................................... 44 FOREIGN OPERATIONS ....................................................................................................................... 44 COMPETITIVE CONDITIONS ................................................................................................................ 45 RISK FACTORS ...................................................................................................................................... 45 DIVIDENDS ................................................................................................................................................. 57 DESCRIPTION OF CAPITAL STRUCTURE .............................................................................................. 58 GENERAL DESCRIPTION OF CAPITAL STRUCTURE ........................................................................ 58 RATINGS ................................................................................................................................................ 62 MARKET FOR SECURITIES ...................................................................................................................... 64 TRADING PRICE AND VOLUME ........................................................................................................... 64 DIRECTORS AND OFFICERS ................................................................................................................... 65 DIRECTORS ........................................................................................................................................... 65 OFFICERS .............................................................................................................................................. 67 AUDIT COMMITTEE INFORMATION .................................................................................................... 70 Mandate of Audit Committee ............................................................................................................... 70 Composition of the Audit Committee .................................................................................................. 70 Teck Resources Limited – 2010 Annual Information Form i Pre-Approval Policies and Procedures ............................................................................................... 71 Auditor’s Fees ..................................................................................................................................... 72 OWNERSHIP BY DIRECTORS AND OFFICERS .................................................................................. 72 LEGAL PROCEEDINGS ............................................................................................................................ 73 TRANSFER AGENTS AND REGISTRARS ............................................................................................... 74 MATERIAL CONTRACTS .......................................................................................................................... 74 INTERESTS OF EXPERTS ........................................................................................................................ 74 DISCLOSURE PURSUANT TO THE REQUIREMENTS OF THE NEW YORK STOCK EXCHANGE ..... 75 ADDITIONAL INFORMATION.................................................................................................................... 75 SCHEDULE A ........................................................................................................................................... A-1 SCHEDULE B ........................................................................................................................................... B-1 REPORT OF MANAGEMENT AND DIRECTORS ON DECEMBER 2010 OIL AND GAS DISCLOSURE1 SCHEDULE C ........................................................................................................................................... C-1 NI 51-101 EVALUATION, AUDIT AND REVIEW REPORT ON RESOURCES DATA BY INDEPENDENT QUALIFIED RESOURCES EVALUATOR OR AUDITOR .......................................... Note: All currency references are to Canadian dollars unless otherwise noted. Teck Resources Limited – 2010 Annual Information Form ii NOMENCLATURE In this Annual Information Form, unless the context otherwise dictates, “we”, “Teck” or the “Company” refers to Teck Resources Limited and its subsidiaries, and a reference to Teck Metals refers to our wholly-owned subsidiary, Teck Metals Ltd., and its subsidiaries. CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION This Annual Information Form and certain documents incorporated by reference in this Annual Information Form contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”,