Shearman & Sterling represented J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, as joint bookrunning managers, and CIBC World Markets Corp., Mizuho Securities USA Inc., RBC Capital Markets, LLC, UBS Securities LLC, Barclays Capital Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., RBS Securities Inc. and Scotia Capital (USA) Inc., as co-managers, in connection with Teck Resources Limited’s US$1 billion offering of US$500,000,000 aggregate principal amount of 3.000% notes due 2019 and US$500,000,000 aggregate principal amount of 5.200% notes due 2042. The notes are fully and unconditionally guaranteed by Teck’s wholly owned subsidiary, Teck Metals Ltd.

Teck is a diversified resource company with major business units focused on copper, steelmaking coal, zinc and energy, headquartered in Vancouver, Canada.

The following Shearman & Sterling team advised the underwriters in the transaction: partners Jason Lehner (Toronto/New York-Capital Markets) and Larry Crouch (Palo Alto-Tax); counsel Jason Pratt (New York-Real Estate/Environmental); and associates Hugo Sin (Toronto-Capital Markets), Anil Kalia (Palo Alto-Tax), Jacob Wilson (Toronto-Capital Markets), Jonathan Skinner (New York-Real Estate/Environmental) and Peter Dueck (Toronto-Capital Markets).