ANNUAL INFORMATION FORM March 15, 2010 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 ............................................................................................... 3 THREE-YEAR HISTORY ....................................................................................................................................... 3 2007 ...................................................................................................................................................................... 3 2008 ...................................................................................................................................................................... 4 2009 ...................................................................................................................................................................... 4 DESCRIPTION OF THE BUSINESS ....................................................................................................................... 6 GENERAL ................................................................................................................................................................ 6 Product Summary ................................................................................................................................................. 7 INDIVIDUAL OPERATIONS ................................................................................................................................. 9 Copper .................................................................................................................................................................. 9 Zinc ..................................................................................................................................................................... 15 Coal .................................................................................................................................................................... 19 Oil Sands ............................................................................................................................................................. 23 Exploration ......................................................................................................................................................... 26 Corporate ............................................................................................................................................................ 26 MINERAL RESERVES AND RESOURCES ........................................................................................................ 26 OIL AND GAS RESOURCES................................................................................................................................ 34 Fort Hills Project ................................................................................................................................................ 34 Teck Resources/UTS Joint Venture ..................................................................................................................... 34 SAFETY AND ENVIRONMENTAL PROTECTION ........................................................................................... 35 SOCIAL AND ENVIRONMENTAL POLICIES ................................................................................................... 37 HUMAN RESOURCES .......................................................................................................................................... 38 TECHNOLOGY ..................................................................................................................................................... 38 FOREIGN OPERATIONS ...................................................................................................................................... 39 COMPETITIVE CONDITIONS ............................................................................................................................. 39 RISK FACTORS ..................................................................................................................................................... 39 DIVIDENDS ............................................................................................................................................................... 50 DESCRIPTION OF CAPITAL STRUCTURE ....................................................................................................... 50 GENERAL DESCRIPTION OF CAPITAL STRUCTURE ................................................................................... 50 RATINGS ............................................................................................................................................................... 54 MARKET FOR SECURITIES ................................................................................................................................. 56 TRADING PRICE AND VOLUME ....................................................................................................................... 56 DIRECTORS AND OFFICERS ............................................................................................................................... 57 DIRECTORS ........................................................................................................................................................... 57 OFFICERS .............................................................................................................................................................. 59 AUDIT COMMITTEE INFORMATION ............................................................................................................... 61 Mandate of Audit Committee .............................................................................................................................. 61 Composition of the Audit Committee .................................................................................................................. 61 Teck Resources Limited – 2009 Annual Information Form i Pre-Approval Policies and Procedures .............................................................................................................. 62 Auditor’s Fees ..................................................................................................................................................... 63 OWNERSHIP BY DIRECTORS AND OFFICERS ............................................................................................... 63 LEGAL PROCEEDINGS ......................................................................................................................................... 64 TRANSFER AGENTS AND REGISTRARS .......................................................................................................... 66 MATERIAL CONTRACTS ..................................................................................................................................... 66 INTERESTS OF EXPERTS ..................................................................................................................................... 66 DISCLOSURE PURSUANT TO THE REQUIREMENTS OF THE NEW YORK STOCK EXCHANGE ..... 67 ADDITIONAL INFORMATION ............................................................................................................................. 67 SCHEDULE A ......................................................................................................................................................... A-1 AUDIT COMMITTEE CHARTER ...................................................................................................................... A-1 SCHEDULE B ......................................................................................................................................................... B-1 REPORT OF MANAGEMENT AND DIRECTORS ON DECEMBER 2009 OIL AND GAS DISCLOSURE . B-1 SCHEDULE C ......................................................................................................................................................... C-1 NI 51-101 EVALUATION, AUDIT AND REVIEW REPORT REPORT ON RESOURCES DATA BY INDEPENDENT QUALIFIED RESOURCES EVALUATOR OR AUDITOR ............................................ C-1 Note: All currency references are to Canadian dollars unless otherwise noted. Teck Resources Limited – 2009 Annual Information