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SAFETY AND EXCHANGES COMMISSION
Washington, D.C. 20549
FOREIGN PRIVATE ISSUER REPORT
In accordance with article 13a-16 or 15d-16 of the
Stock Exchange Act of 1934
Dated: January 26, 2022
Board file number: 001-13184
TEAK RESOURCES LIMITED
(Exact name of the declarant as specified in its charter)
Suite 3300 – 550 Burrard Street, Vancouver, British Columbia V6C 0B3
(Address of main executive offices)
Indicate with a check mark whether the registrant files or will file annual returns under form 20-F or form 40-F.
Form 20-F Form 40-F X
Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(1):
Note: ST Rule 101(b)(1) only permits the paper submission of a Form 6-K if it is submitted solely to provide an attached annual report to securityholders.
Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(7):
Note: ST Rule 101(b)(7) only permits the paper submission of a Form 6-K if it is submitted to provide a report or other document that the Listed Foreign Private Issuer must provide and make public under the laws of the jurisdiction. in which the registrant is incorporated, domiciled or incorporated (the “registrant’s home country”), or under the rules of the home country stock exchange on which the registrant’s securities are traded, so long as the report or other document is not a press release, is not required to be and has not been distributed to security holders of the registrant and, if it relates to an event material, has previously been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, duly authorized thereto.
|Teak Resources Limited|
Date: January 26, 2022
|Through:||/s/ amanda robinson|
INDEX OF EXHIBITIONS
For immediate release
January 26, 2022
Teck and Caterpillar to advance zero-emission mining haul trucks
Vancouver, BC. – Teck Resources Limited (“Teck”) (TSX: TECK.A and TECK.B, NYSE: TECK) today announced an agreement with Caterpillar Inc. (“Caterpillar”) (NYSE: CAT) to work on deploying 30 large Caterpillar zero-emission haul trucks at Teck’s mining operations. Decarbonizing Teck’s vehicle fleet represents a significant reduction in Scope 1 emissions as Teck works toward its goals of reducing the carbon intensity of its operations by 33% by 2030 and being a carbon neutral operator. carbon by 2050.
“Teck is already one of the lowest carbon producers of copper, zinc and steelmaking coal in the world, and now we are taking further steps to develop and implement the technology needed to reduce the carbon footprint. of our operations and support global efforts to combat climate change. said Don Lindsay, President and CEO of Teck. “Decarbonizing our haul truck fleet is a critical step on the road to carbon neutrality and we are excited to partner with Caterpillar to advance this work. »
Denise Johnson, President of the Caterpillar Group added, “We look forward to working with Teck to support their climate goals and develop solutions to increase operational efficiency while significantly reducing emissions. We are excited to strengthen our collaboration and deliver results.”
The companies plan to move forward together through a phased approach that includes early development, piloting and deployment of 30 Caterpillar zero-emission vehicles, including ultra-class Cat 794 trucks starting in 2027. Teck plans to initially deploy zero emission trucks at its Elk Valley Steel Coal Operation in British Columbia, Canada. Operations are already powered by a 95% clean grid, making it an ideal location to introduce one of Canada’s first zero-emission large haul truck fleets, with options for cart-assist technology .
Click here to learn more about Teck’s approach to taking action on climate change.
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Law (Ontario). Forward-looking statements relate to expectations regarding the decarbonization of our vehicle fleet and our long-term sustainability strategy, including, but not limited to, our 2030 and 2050 goals. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements in this press release are based on assumptions about commodity prices, general economic conditions and the performance of our business, the performance of emerging technologies, as well as our ability to achieve our climate goals and more. long term.
long-term impacts of these objectives on our activities, among others. The foregoing list of assumptions is not exhaustive. Factors that could cause actual results to vary include, but are not limited to, changes in commodity prices or general economic conditions, the actual consequences of climate change, the right technology not being available on right terms, and changes governmental laws and regulations or their application. that have an impact on our operations or our strategy. We undertake no obligation to update forward-looking statements, except as required by securities laws.
Further information regarding the risks and uncertainties associated with these forward-looking statements is available in our Annual Information Form for the year ended December 31, 2020, filed under our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov) under cover of Form 40-F, as well as subsequent filings under our profile.
As one of Canada’s leading mining companies, Teck is committed to responsible mining and mining development with significant business units focused on copper, zinc and steelmaking coal, as well as investments in assets energy. High-quality copper, zinc and steelmaking coal are needed for the transition to a low-carbon world. Based in Vancouver, Canada, Teck’s shares trade on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and on the New York Stock Exchange under the symbol TECK. Learn more about Teak at www.teck.com or follow @TeckResources.
With sales and revenues of $41.7 billion in 2020, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Since 1925, we have been driving sustainable progress and helping our customers build a better world through innovative products and services. Throughout the product lifecycle, we provide services based on cutting-edge technology and decades of product expertise. These products and services, backed by our global dealer network, deliver exceptional value to help our customers succeed. We do business on all continents, primarily operating through three main segments – construction industries, resource industries, and energy and transportation – and providing financing and related services through our financial products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/social-media.
Public Relations Manager
Senior Vice President, Investor Relations and Strategic Analysis