“This significant increase is due partly to our expanded production capacity and partly to unusual weather-related events and the strike at our Elkview mine in the first quarter of 2011,” said Don Lindsay, president and CEO, Teck Resources. “We continue to execute our growth strategy, with approximately $65 million of investments in expansion capital made during the quarter, including investments in the Quintette re-opening project, expansion of the maintenance shop at the Fording River mine to accommodate new larger capacity haul trucks, and the expansion of the processing plant at the Elkview mine, which has now been commissioned. The volume of material moved in the first quarter exceeded our previous best first quarter by more than 15%. Unless we are required to restrict production because of customer demand, we expect to produce 24.5 to 25.5 million [metric] tons in 2012.” The average coal price of $223/mt in the first quarter was up 8% over last year.