EXHIBIT 99.2 24-9-TR For Immediate Release Date: February 21, 2024 Teck Reports Unaudited Fourth Quarter Results for 2023 Strong fourth quarter with cash returned to shareholders and record copper production Vancouver, B.C. – Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited fourth quarter results for 2023. "We had strong fourth quarter performance across our business, generating adjusted EBITDA of $1.7 billion in the quarter, returning cash to shareholders and ...

Teck Resources Ltd (NYSE:TECK) Q3 2023 Earnings Call Transcript October 24, 2023 8:00 AM ET Orest Wowkodaw - Scotiabank Liam Fitzpatrick - Deutsche Bank Dalton Baretto - Canaccord Genuity Christopher LaFemina - Jefferies Bryce Adams - CIBC Bill Peterson - J.P.Morgan Brian Macarthur - Raymond James Fraser Phillips Jonathan Price to date. We have a line of sight to double our consolidated copper production when QB2 reaches full capacity and we continue to advance our actionable portfolio development options t ...

Financial Data and Key Metrics Changes - The company generated $1.5 billion in adjusted EBITDA for Q2 2023, with adjusted profit attributable to shareholders at $643 million or $1.22 per share on a diluted basis [51][36] - Liquidity at the end of the quarter was $7 billion, including $1.7 billion in cash [58] - The company paid $65 million in quarterly base dividends and repurchased $85 million of Class B shares [51][58] Business Line Data and Key Metrics Changes - Copper production was 64,000 tonnes, a 10% decrease compared to the same period last year due to lower grades and unplanned maintenance [38] - Zinc production at Red Dog was 134,000 tonnes, down 7% year-over-year, while refined zinc production at Trail was impacted by planned shutdowns [53] - Steelmaking coal production increased by 9% to 5.8 million tonnes compared to the same period last year, despite some operational challenges [56] Market Data and Key Metrics Changes - The company updated its annual copper production guidance to 330,000 to 375,000 tonnes, down from 390,000 to 445,000 tonnes [48] - The steelmaking coal market remains tight, with prices significantly above long-term averages due to reduced supply from key exporters [117] Company Strategy and Development Direction - The company is focused on advancing its copper growth pipeline, with significant projects like QB2 and Zafranal receiving regulatory approvals [32][63] - The company is pursuing an active portfolio management approach to maximize value from its growth pipeline, considering multiple investment criteria [65][66] - The board is evaluating options for its steelmaking coal business, aiming to maximize shareholder value while ensuring sustainability for employees and communities [60][100] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full production rates at QB2 by the end of 2023 despite recent delays [81][75] - The company anticipates inflationary pressures on unit costs but expects to manage controllable operating expenditures effectively [45][46] - The regulatory environment in Chile is viewed positively, with ongoing efforts to secure necessary permits for future projects [127] Other Important Information - The company has committed to becoming nature-positive by 2030, with significant investments in biodiversity conservation [34][35] - The company is actively engaging with stakeholders regarding the permitting process for its projects, particularly in the context of recent permit revocations [10][11] Q&A Session Summary Question: Can you provide an update on QB2 progress? - Management confirmed that QB2 faced delays in construction and commissioning but remains confident in achieving full production rates by the end of the year [81][84] Question: What is the status of the port and jetty for shipping concentrate? - The jetty work is progressing, and the company expects to ship concentrate from its port facility by the end of the year [97] Question: How does the recent tax royalty increase in Chile affect the QB2 expansion? - Management is analyzing the impact of the proposed tax changes and believes the QB2 expansion should benefit from the existing tax stability agreement [95] Question: What is the outlook for the steelmaking coal market? - The market remains tight, with demand increasing while supply struggles, leading to prices above long-term averages [117] Question: When can shareholders expect updates on the steelmaking coal business separation? - Management is actively engaged with multiple parties interested in the steelmaking coal business and aims to maximize value for shareholders [100][120]

Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of $2 billion for Q1 2023, with adjusted profit attributable to shareholders at $930 million, or $1.78 per share on a diluted basis [110] - The company returned $321 million to shareholders through dividends and reduced debt levels by $144 million [22] - Liquidity remains strong at $8 billion, including $2.6 billion in cash [9][22] Business Line Data and Key Metrics Changes - Copper production was lower than the same quarter last year due to harder ore, but prices remained elevated despite a decline in the quarter [114] - Steelmaking coal sales were 6.2 million tons, above the same quarter last year, with prices remaining well above historic averages [21] - Zinc production was impacted by severe weather events and unplanned maintenance, but operations returned to stability by the end of the quarter [115] Market Data and Key Metrics Changes - The company expects Q2 sales of 6.2 million to 6.6 million tons as it completes deferred sales from the previous quarter [116] - Transportation costs in Q1 reflected higher rail rates and port costs, but are expected to normalize throughout the year [10] Company Strategy and Development Direction - The company plans to separate its metals business from the steelmaking coal business to unlock greater value [5][12] - A focus on copper growth is emphasized, with the QB2 project ramping up to full production rates expected by the end of the year [110][146] - The company aims to balance growth investments with cash returns to shareholders while maintaining a strong balance sheet [145][211] Management's Comments on Operating Environment and Future Outlook - Management noted that the market recognizes the value of both the coal and metals businesses, and there is significant interest in both [18][120] - The company is committed to a simpler and more direct separation approach based on shareholder feedback [107][138] - Management remains focused on maximizing shareholder value through responsible separation and development of high-quality projects [137][197] Other Important Information - The company was recognized as one of the Global 100 most sustainable corporations for the fifth consecutive year [9] - Inflationary pressures impacted operating costs by 6% compared to the same period last year, but unit cost guidance remains unchanged [142] Q&A Session All Questions and Answers Question: What are the possible alternatives for the separation of the business? - Management indicated that they will evaluate a range of options for a simpler and more direct separation, taking into account shareholder feedback [29][152] Question: How does the company view the coal business's value? - Management believes the quality of the steelmaking coal business is well recognized, and they will explore alternatives to maximize shareholder value [149][195] Question: What is the expected timeline for the separation strategy? - Management did not provide a fixed date but emphasized the importance of engaging with shareholders to develop a proposal that meets their needs [152][156] Question: How is the company addressing staffing levels in the Elk Valley? - Management reported progress in staffing levels but noted challenges in hiring heavy-duty mechanics, which is a specific trade area [172] Question: What is the impact of new mining laws in Mexico on the San Nicolás project? - Preliminary estimates suggest that the proposed legislation will not have a material impact on the development of San Nicolás [53][207]

Caution Regarding Forward-Looking Statements These forward-looking statements include, but are not limited to, statements relating to: a stand-alone base metals and steelmaking coal business as the best path to unlock value; the expectation of a simpler and more direct separation unlocking full value of Teck; expectation of doubling of copper production; our expectations regarding our Quebrada Blanca Phase 2 project, including expectations regarding timing for reaching full production and capital cost guida ...

You can read about each item of business starting on page 1 of the Information Circular, which also has information on voting and about our directors, governance and compensation. The Separation contemplates, among other things, a reorganization of Teck's business which will result in Teck separating into two world- class, independent companies: Teck Metals Corp., a premier, growth-oriented producer of energy transition metals, and EVR, a pure-play, high- margin steelmaking coal producer. The Dual Class Ame ...

Teck Resources Limited (NYSE:TECK) Q4 2022 Earnings Conference Call February 21, 2023 8:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations & Strategic Analysis Jonathan Price - Chief Executive Officer Greg Brouwer - Senior Vice President, Technology & Innovation Crystal Prystai - Senior Vice President & Chief Financial Officer Conference Call Participants Orest Wowkodaw - Scotiabank Greg Barnes - TD Securities Lucas Pipes - B. Riley Securities Brian MacArthur - Raymond ...

Teck's Strategic Separation and Dual Class Amendment - Teck is separating into two independent, publicly-listed companies: Teck Metals Corp and Elk Valley Resources Ltd (EVR)[62] - Teck shareholders will receive 1 EVR share for every 10 Teck shares, plus cash, subject to a Dutch auction process[31] - Nippon Steel will pay Teck approximately $1 billion in cash for an interest in EVR, implying an $11.5 billion value for the steelmaking coal assets[94, 136] - A dual-class share amendment is proposed, with Class A common shares carrying multiple voting rights eliminated after six years[23, 62] Financial Performance and Outlook - Teck achieved record financial results in 2022[4] - $0.5 billion in dividends were paid[5] - $1.3 billion of debt was repaid[6] - $1.4 billion in share buybacks were executed[73, 74] Production and Unit Cost Guidance - Quebrada Blanca Phase 2 (QB2) is expected to reach full capacity by the end of 2023, with net cash unit costs of US$1.40-1.60/lb at full production[8] - QB2 is expected to produce 150-180 kt of copper in 2023 and 285-315 kt annually in 2024-2026[75] - Steelmaking coal production is guided at 24.0-26.0 Mt[106] Transition Capital Structure (TCS) - The Transition Capital Structure (TCS) is estimated to be fully paid in approximately 11 years at a long-term HCC price of US$185/t[100] - Forecast proceeds of approximately $14 billion over the life of the TCS (100% basis)[100]

EXHIBIT 99.2 News Release For Immediate Release Date: February 21, 2023 23-15-TR Teck to Spin Off Steelmaking Coal Business to Shareholders Separation creates two world-class, independent companies: Teck Metals and Elk Valley Resources · Teck Metals – a premier, growth-oriented producer of energy transition metals · Elk Valley Resources – a pure-play, high-margin steelmaking coal producer · Teck Metals retains steelmaking coal cash flows for transition period to fund copper growth · Provides investors choic ...

Teck Resources Ltd (NYSE:TECK) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Fraser Phillips - SVP, IR & Strategic Analysis Jonathan Price - CEO & Director Harry Conger - EVP, COO, President & Director Crystal Prystai - VP, Corporate Controller & Interim CFO Real Foley - SVP, Marketing & Logistics Robin Sheremeta - SVP, Coal Conference Call Participants Greg Barnes - TD Securities Orest Wowkodaw - Scotiabank Lawson Winder - Bank of America Merrill Lynch Jackie Przybylows ...