UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
Teck Resources Limited
(Exact name of Registrant as specified in its charter)
| Canada | 001-13184 | |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
Suite 3300-550 Burrard Street
Vancouver, British Columbia,
Canada V6C 0B3
(Address of Principal Executive Offices and Zip Code)
Peter C. Rozee
Senior Vice President,
Commercial and Legal Affairs
604-699-4000
(Name and telephone number, including area
code, of the person to contact in connection
with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
x Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1), for the reporting period from January 1 to December 31, 2014.
Section 1 - Conflict Minerals Disclosure
Item 1.01 Conflict Minerals Disclosures
Teck Resources Limited (together with its wholly-owned subsidiaries, “Teck”) has determined that a conflict mineral, tin, was necessary to the functionality or production of a number of products manufactured by one or more of its wholly-owned subsidiaries in 2014.
The tin included in all of the relevant products, except one, was sourced from a single secondary tin smelter through an agent. That secondary smelter appears on the conflict-free tin smelter list produced and maintained by the Electronic Industry Citizenship Coalition and Global Sustainability Initiative Conflict-Free Smelter Program. The conflict-free smelter list includes entities that are compliant with the Conflict Free Smelter Program assessment protocols and that have been subject to an independent third party audit to assess whether the entity employed policies, practices and procedures to source conflict free minerals. The smelter was the sole source of tin to Teck for these products in 2013 as well, prior to its inclusion on the conflict-free smelter list. For tin supplied in 2013, Teck had received confirmation from the smelter that the tin supplied to Teck came from recycled or scrap sources, as defined in paragraph (d)(6) of Item 1.01 of Form SD.
For one product, tin removal salt, tin is sourced from recycled materials processed at our Trail operation, zinc and lead concentrates purchased from miners and concentrate traders by our Trail operation, as well as lead and silver bullion acquired from a secondary smelter. We view tin as an impurity in the concentrates and bullion that we purchase and production of tin removal salt is a necessary process to remove these tin impurities. In each of the purchase agreements entered into for product received in 2014, the seller has confirmed in the relevant supply contract that no part of the concentrate supplied under the agreement was sourced from the Democratic Republic of the Congo or an adjoining country. With respect to concentrate purchased directly from miners, concentrate is sourced from a mine operated by the relevant miner. We also reviewed the purchases of concentrate made from miners in 2014 and determined that none of our concentrate purchase agreements in 2014 specified that the source of the concentrate was a mine located in the Democratic Republic of the Congo or an adjoining country. With respect to bullion, we received confirmation that none of the products supplied to us in 2014 were sourced from the Democratic Republic of the Congo or an adjoining country.
Based on the responses to our requests for confirmation, the review of the conflict-free smelter list, as well as our purchasing arrangements with miners and our understanding of the locations that the concentrate traders and miners source concentrate from, Teck has determined that the necessary tin for tin removal salt in 2014 did not originate in, or that it has no reason to believe that such necessary tin may have originated in, the Democratic Republic of the Congo or an adjoining country
This information is publicly available in the Financial Reporting section of Teck’s website at www.teck.com.
Section 2 – Exhibits
Item 2.01 Exhibits
None.
SIGNATURES
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 duly authorized undersigned.
| | Teck Resources Limited (Registrant) | |
| | | |
| | | | |
| Date: June 1, 2015 | By: | /s/ Ronald A. Millos | |
| | Name: | Ronald A. Millos | |
| | Title: | Senior Vice President, Finance | |
| | | and Chief Financial Officer | |
