HispanicBusiness

Factors that may cause actual results to vary materially include, but are not limited to, changes in commodity and power prices, changes in market demand for our products, changes in interest and currency exchange rates, acts of foreign governments and the outcome of legal proceedings, inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, adverse weather conditions and unanticipated events related to health, safety and environmental matters), union labour disputes, political risk, social unrest, failure of customers or counterparties to perform their contractual obligations, changes in our credit ratings, unanticipated increases in costs to construct our development projects, difficulty in obtaining permits, inability to address concerns regarding permits of environmental impact assessments, and changes or further deterioration in general economic conditions. Our Fort Hills project is not controlled by us and construction, sanction and production schedules may be adjusted by our partner.

Statements concerning future production costs or volumes, and the sensitivity of the company's profit to changes in commodity prices and exchange rates are based on numerous assumptions of management regarding operating matters and on assumptions that demand for products develops as anticipated, that customers and other counterparties perform their contractual obligations, that operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, adverse weather conditions, and that there are no material unanticipated variations in the cost of energy or supplies.

We assume no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2011, filed on SEDAR and on EDGAR under cover of Form 40-F.

WEBCAST

Teck will host an Investor Conference Call to discuss its Q4/2012 financial results at 11:00 AM Eastern time, 8:00 AM Pacific time, on Thursday, February 7, 2013. A live audio webcast of the conference call, together with supporting presentation slides, will be available at our website at www.teck.com. The webcast is also available at www.earnings.com. The webcast will be archived at www.teck.com.

Teck Resources LimitedConsolidated Statements of Income(Unaudited)----------------------------------------------------------------------------                                    Three months ended       Year ended(Cdn$ in millions,                     December 31,         December 31,except for share data)                  2012       2011      2012      2011----------------------------------------------------------------------------Revenues                            $  2,730   $  2,972  $ 10,343  $ 11,514Cost of sales                         (2,011)    (1,760)   (7,277)   (6,637)----------------------------------------------------------------------------Gross profit                             719      1,212     3,066     4,877Other operating expenses  General and administration             (41)       (35)     (136)     (125)  Exploration                             (8)       (33)     (102)     (105)  Research and development                (5)        (3)      (19)      (17)  Other operating income (expense)   (Note 1)                              (54)      (117)      (24)     (174)----------------------------------------------------------------------------Profit from operations                   611      1,024     2,785     4,456Finance income                            44         35       135       113Finance expense (Note 2)                (118)      (169)     (577)     (595)Non-operating income (expense) (Note 3)                               (314)        81      (848)      197Share of losses of associates             (1)        (1)      (10)       (5)----------------------------------------------------------------------------Profit before tax                        222        970     1,485     4,166Provision for income and resource taxes                                   (66)      (311)     (615)   (1,398)----------------------------------------------------------------------------Profit for the period               $    156   $    659  $    870  $  2,768--------------------------------------------------------------------------------------------------------------------------------------------------------Profit attributable to:  Shareholders of the company       $    145   $    637  $    811  $  2,668  Non-controlling interests               11         22        59       100----------------------------------------------------------------------------Profit for the period               $    156   $    659  $    870  $  2,768--------------------------------------------------------------------------------------------------------------------------------------------------------Earnings per share  Basic                             $   0.25   $   1.08  $   1.39  $   4.52  Diluted                           $   0.25   $   1.08  $   1.38  $   4.50Weighted average shares outstanding (millions)                            584.1      589.4     585.5     590.4Shares outstanding at end of period (millions)                            582.3      586.6     582.3     586.6--------------------------------------------------------------------------------------------------------------------------------------------------------Teck Resources LimitedConsolidated Statements of Cash Flows(Unaudited)----------------------------------------------------------------------------                                     Three months ended      Year ended                                        December 31,        December 31,(Cdn$ in millions)                       2012      2011      2012      2011----------------------------------------------------------------------------Operating activities  Profit                             $    156  $    659  $    870  $  2,768  Adjustments for:    Depreciation and amortization         242       222       951       911    Provision (recovery of) for     deferred income and resource     taxes                                (28)      212        98       701    Share of losses of associates           1         1        10         5    Gain on sale of investments and     assets                                (2)       (1)      (53)     (174)    Unrealized gains on derivatives        (1)      (71)     (114)     (158)    Asset write-downs                       -        30         -        30    Foreign exchange loss (gains)          (1)      (16)       24        (7)    Loss on debt repurchase               313         -       965         -    Finance income                        (44)      (35)     (135)     (113)    Finance expense                       118       169       577       595    Other                                 (32)       78       (10)       73----------------------------------------------------------------------------                                          722     1,248     3,183     4,631  Net change in non-cash working   capital items                           74       (49)     (388)     (674)----------------------------------------------------------------------------                                          796     1,199     2,795     3,957Investing activities  Property, plant and equipment          (608)     (374)   (1,809)   (1,236)  Financial investments and other   assets                                 (67)     (324)     (326)     (463)  Acquisition of SilverBirch Energy   Corporation                              -         -      (432)        -  Proceeds from the sale of   investments and other assets            14        71        51       289----------------------------------------------------------------------------                                         (661)     (627)   (2,516)   (1,410)Financing activities  Issuance of debt                         37         -     2,767     1,907  Repayment of debt                      (693)      (11)   (3,027)     (104)  Debt interest paid                      (59)     (120)     (428)     (377)  Issuance of Class B subordinate   voting shares                            1         -         2         4  Purchase and cancellation of Class   B subordinate voting shares           (123)     (171)     (129)     (171)  Dividends paid                            -         -      (469)     (354)  Distributions to non-controlling   interests                              (11)      (13)      (50)      (54)----------------------------------------------------------------------------                                         (848)     (315)   (1,334)      851Effect of exchange rate changes on cash and cash equivalents                 50      (112)      (83)      175----------------------------------------------------------------------------Increase (decrease) in cash and cash equivalents                             (663)      145    (1,138)    3,573Cash and cash equivalents at beginning of period                    3,930     4,260     4,405       832----------------------------------------------------------------------------Cash and cash equivalents at end of period                              $  3,267  $  4,405  $  3,267  $  4,405--------------------------------------------------------------------------------------------------------------------------------------------------------Teck Resources LimitedConsolidated Balance Sheets(Unaudited)----------------------------------------------------------------------------                                               December 31,     December 31,(Cdn$ in millions)                                     2012             2011----------------------------------------------------------------------------ASSETSCurrent assets  Cash and cash equivalents                        $  3,267         $  4,405  Current income and resource taxes   receivable                                           141              101  Trade accounts receivable                           1,285            1,242  Inventories                                         1,880            1,641----------------------------------------------------------------------------                                                      6,573            7,389Financial and other assets                              973            1,138Investments in associates                               828              715Property, plant and equipment                        24,377           23,150Deferred income and resource tax assets                 229              180Goodwill                                              1,637            1,647----------------------------------------------------------------------------                                                   $ 34,617         $ 34,219----------------------------------------------------------------------------LIABILITIES AND EQUITYCurrent liabilities  Trade accounts payable and other   liabilities                                     $  1,468         $  1,435  Dividends payable                                     262              235  Current income and resource taxes   payable                                               55               93  Debt                                                   35              359----------------------------------------------------------------------------                                                      1,820            2,122Debt                                                  7,160            6,676Deferred income and resource tax liabilities                                          5,447            5,342Retirement benefit obligations                          743              691Other liabilities and provisions                      1,470            1,495Equity  Attributable to shareholders of the   company                                           17,801           17,721  Attributable to non-controlling   interests                                            176              172----------------------------------------------------------------------------                                                     17,977           17,893----------------------------------------------------------------------------                                                   $ 34,617         $ 34,219--------------------------------------------------------------------------------------------------------------------------------------------------------Teck Resources LimitedNotes to Consolidated Financial StatementsUnaudited1. OTHER OPERATING INCOME (EXPENSE)----------------------------------------------------------------------------                                    Three months  ended      Year ended                                        December 31,        December 31,(Cdn$ in millions)                       2012      2011      2012      2011----------------------------------------------------------------------------Gain (loss) on sale of operating assets                              $     (2) $      1  $     24  $    130Commodity derivatives                       4         7         -         7Pricing adjustments                       (20)        4        45      (210)Share-based compensation                  (23)      (27)      (34)       21Provision for closed properties            14       (33)       (1)      (30)Asset write-downs                           -       (30)        -       (30)Other                                     (27)      (39)      (58)      (62)----------------------------------------------------------------------------                                     $    (54) $   (117) $    (24) $   (174)--------------------------------------------------------------------------------------------------------------------------------------------------------2. FINANCE EXPENSE----------------------------------------------------------------------------                                     Three months ended      Year ended                                        December 31,        December 31,(Cdn$ in millions)                       2012      2011      2012      2011----------------------------------------------------------------------------Debt interest                        $     95  $    124  $    427  $    425Financing fees and discount amortization                               1         7        13        24Pension obligation accretion               27        27       101       101Decommissioning and restoration provision accretion                       16        13        67        52Other                                       5         2        12        12Less interest capitalized                 (26)       (4)      (43)      (19)----------------------------------------------------------------------------                                     $    118  $    169  $    577  $    595--------------------------------------------------------------------------------------------------------------------------------------------------------3. NON-OPERATING INCOME (EXPENSE)----------------------------------------------------------------------------                                      Three months ended      Year ended                                         December 31,        December 31,(Cdn$ in millions)                        2012      2011      2012      2011----------------------------------------------------------------------------Foreign exchange gains (losses)       $      1  $     16  $    (24) $      7Other derivative gains                       -        66       119       146Debt repurchase and financing costs       (313)        -      (965)        -Gain on sale of investments                  5         -        29        44Provision for marketable securities         (7)        -        (7)        -Other                                        -        (1)        -         -----------------------------------------------------------------------------                                      $   (314) $     81  $   (848) $    197--------------------------------------------------------------------------------------------------------------------------------------------------------