Teck Announces Waneta Dam Sale Closing

Teck Resources Limited +1 604 699 4000 Tel Suite 3300, 550 Burrard Street +1 604 699 4750 Fax Vancouver, BC Canada V6C 0B3 www.teck.com

For Immediate Release Date: March 5, 2010

10-14-TR

Teck Announces Waneta Dam Sale Closing

Vancouver – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) (“Teck”) today announced that the sale of a one-third interest in the Waneta Dam to BC Hydro for C$825 million has closed today. Teck will apply the net proceeds of the transaction along with US$300 million of cash on hand to reduce the outstanding balance on its term loan to approximately US$800 million. Teck’s cash balance following the debt repayment will be approximately C$900 million.

About Teck

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at www.teck.com.

For further information, please contact:

Greg Waller Vice President Investor Relations and Strategic Analysis Teck Resources Limited Phone:(604) 699-4014 Email: [email protected]