Teck Announces Retirement of Senior Vice President, Coal

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: November 1, 2010 10-53-TR

Teck Announces Retirement of Senior Vice President, Coal

Vancouver, BC – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) today announced that Boyd Payne, Senior Vice President Coal is retiring from the company.

“I will miss Teck and all of the wonderful people I’ve had the privilege of working with over the years but it’s time for me to move to a new chapter in my life,” said Payne. “I’m looking forward to spending time with my wife Lynette, our children and grandchildren.”

“I want to thank Boyd for his tremendous contribution, not only to Teck, but also to the mining industry over the past 36 years”, said Don Lindsay, president and CEO. “Under Boyd’s leadership, he was able to maximize the value of the Elk Valley Coal Partnership and has overseen the successful integration of the Fording Canadian Coal Trust into Teck.”

Mr. Payne was President and Chief Executive Officer of Elk Valley Coal Partnership beginning in August 2006. He was also appointed to the role of President, Fording Canadian Coal Trust in January 2007.

Prior to these appointments, Mr. Payne was Vice President Marketing, Metallurgical Coal for BHP Billiton based in Singapore. Mr. Payne started his career in the coal business in 1974 in a technical capacity, transitioned into operations in the 1980’s and moved into business development and marketing in the early 1990’s.

About Teck Resources

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking 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. www.teck.com

Media Contact:

Marcia Smith Vice-President, Corporate Affairs 604.699.4616 [email protected]

Investor Contact:

Greg Waller Vice-President, Investor Relations 604.699.4014 [email protected]