Teck(US:TECK) Globenewswireยท2025-09-03 00:48Core Insights - Teck Resources Limited is undertaking a Comprehensive Operations Review to enhance performance and operational delivery, expected to conclude by October 2025 with updates communicated alongside Q3 results [1][7] Group 1: Comprehensive Operations Review - The Comprehensive Operations Review includes detailed assessments of operating plans, third-party expert input, and rigorous execution tracking [1] - The review aims to identify opportunities to enhance operating practices and reinforce confidence in future business plans [7] Group 2: QB Action Plan - The QB action plan focuses on addressing slow sand drainage that has affected TMF development and production pace [2] - Key initiatives include enabling ramp-up by mechanically raising the tailings dam wall and increasing crest height [3] - Significant work has been done to improve sand drainage times, with further initiatives underway to enhance drainage performance [4][8] Group 3: Operational Readiness and Leadership - Teck is committed to strengthening operational readiness and resilience by validating an executable mine plan and optimizing performance across the mine, plant, and port [5] - A respected industry leader has been onboarded as a Special Advisor to the CEO to support QB operations and accelerate TMF development [7] - Senior Vice Presidents of Operations for Latin America and North America will now report directly to the President and CEO to enhance executive oversight [9] Group 4: Leadership Changes - Shehzad Bharmal, Executive Vice President and Chief Operating Officer, has retired after 33 years with the company, contributing significantly to Teck's operations and leadership [10]