Teck Receives Regulatory Approval for Share Buy-Back Program

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: June 22, 2011 11-37-TR

Teck Receives Regulatory Approval for Share Buy-Back Program

Vancouver, BC – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) has been informed that the Toronto Stock Exchange has accepted Teck’s notice of intention to make a normal course issuer bid in respect of up to 40 million Class B subordinate voting shares, representing approximately 6.88% of Teck’s 581,442,001 Class B subordinate voting shares outstanding as at June 15, 2011, or 8.47% of Teck’s public float. The period of the normal course issuer bid will commence on June 27, 2011 and will continue until June 26, 2012 or an earlier date if Teck completes its purchases.

Teck will make any purchases through the facilities of the Toronto Stock Exchange from time to time at the prevailing market prices of the Class B shares as traded on the Exchange and any Class B shares purchased will be cancelled. Daily purchases will be limited to 718,649 shares, in accordance with the Exchange’s rules. The actual number of Class B shares to be purchased and the timing of any such purchases will be determined by Teck from time to time as market conditions warrant.

Teck is making the normal course issuer bid because it believes that the market price of their Class B shares may, from time to time, not reflect its underlying value and that the share buy-back program may provide value by reducing the number of shares outstanding at attractive prices.

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.

Investor Contact:

Greg Waller Vice President Investor Relations & Strategic Analysis Tel.604.699.4014 [email protected]

Media Contact:

Marcia Smith Vice President Corporate Affairs Tel.604.699.4616 [email protected]