Teck Resources Limited announced that employees at its Carmen de Andacollo Operations in Chile have ratified a new 45 month agreement commencing January 2012 through September 2015 replacing an agreement which expired on December 31 2011.

Mr Hugo Herrera General Manager at Carmen de Andacollo said "Our discussions with the union were very productive and we are pleased to have reached a new collective agreement at our Carmen de Andacollo operation."

The unrelated collective agreement at Teck Quebrada Blanca Operations in Chile expires on January 31 2012. Separate labour discussions at that operation are underway.