Highland Valley Copper

Overview

Highland Valley Copper (HVC) is located in British Columbia, Canada. Wholly-owned and operated by Teck Resources, HVC has been in production since 1962 and produces both copper and molybdenum concentrates.

Copper production in 2024 was 102,000 tonnes, with an expected increase to 135,000-150,000 tonnes in 2025.

HVC is considered by Teck Resources as a core asset within its copper portfolio and is currently advancing the permitting process for the Highland Valley Mine Life Extension (“MLE”), which will extend existing HVC copper production of approximately 140ktpa of copper per year to a 17-year life of mine with the first incremental production expected in 2027. The environmental assessment process for MLE is proceeding and a successful independent review to confirm construction readiness has been completed, with a potential sanction decision expected in the second half of 2025.