1. Indigenous Peoples and Mining in Chile: Perspectives from the Industry
Amparo Cornejo, Director Corporate Affairs and Social Responsibility,
Teck Chile

2. Agenda We are Teck Our Approach to Sustainability Chilean Context
Mining Projects and Indigenous Consultation
Projects in Chile
Originarias: UN Women project

3. Canada’s Largest Diversified Resource Company
# 1 Producer of steelmaking coal in North America
# 2 Seaborne exporter of steelmaking coal globally
Top ten copper miner in the Americas
#3 zinc miner in the world
Building an energy business
Implementing a comprehensive sustainability strategy
Safety is a core value

4. Teck’s Operations and Projects
10,000 employees primarily in the Americas
Focus on world-class, long-life (decades) assets in stable jurisdictions that operate through multiple price cycles
Chile: Two operations, two major development projects and various exploration efforts

5. Our Approach to Sustainability

6. Sustainability Leadership
Best 50 Corporate Citizens in Canada 2016
On the Dow Jones Sustainability World Index seven years in a row
Top 50 Socially Responsible Corporations in Canada
Listed on FTSE4Good Index in 2015

7. Relationships with Indigenous Peoples
A long and proud history of working with Indigenous peoples whose traditional territories/lands we are operating within
We actively seek engagement with Indigenous Peoples at every stage of mineral development, including:
Exploration
Operation
Closure and Reclamation
We negotiated formal agreements to create mutual, lasting benefits
We support programs to advance capacity building

8. Teck’s Indigenous Peoples Policy
Build respectful relationships through early, inclusive dialogue and collaborative processes
Work to achieve free, prior and informed consent
Work with IPs to achieve self-defined community goals that provide lasting benefits

9. Teck’s Approach to Agreements
Build trust, mutual respect, cooperation and open communication of interests and concerns
Can create opportunities for:
Employment and Training
Contracting
Environmental stewardship
Reduce business risk strengthen certainty for all parties

10. Chilean Context

11. Chilean Context
Poverty 29% in % in 2016 Mining contribution to GDP 16% in % in 2016 Mining Projects 12 Currently under review Representing ~US$13 billion Participation in Mining Total: 204,004 Men 91.1% Women 8.9%

12. Indigenous Context in Chile
The Indigenous Act (1993) recognized the existence of 9 Indigenous Peoples in Chile’s territory
Indigenous Peoples comprise 9.1% (1.6 million) of the population
74% of the Indigenous population live in urban areas, 26% in rural settings
23% live below the poverty line (income-based)

13. Mining Projects and
Indigenous Consultation

14. Indigenous Consultation Process
International Labour Organization Convention 169: significant impact on the consultation processes with Indigenous Peoples
More demanding context for project approvals
Perception vs technical aspects of environmental evaluation
Government is conducting more detailed analyses of social impacts and communities

15. Indigenous Consultation Process
Indigenous communities envision ICP as a unique window for negotiation
Creation of new indigenous communities
Indigenous communities, companies and the environmental authority are rapidly gaining experience and skill in the ICP, but we are all in a learning phase

16. Our Projects in Chile

17. Quebrada Blanca Phase 2 Project
Overview:
25-year mine life.
Expected annual production:
275,000 tonnes copper;
7,700 tonnes molybdenum*
Capital estimate: US$4.7 billion
Social and Environmental:
~11,000 jobs during construction
Opportunities for local hiring & procurement
Desalinated seawater use during operation
Progress:
Progressing through environmental assessment process
* First 5 years

18. QB2 Indigenous Consultation Process
Indigenous Consultation Process to start in March 2017
Engagement with over 20 communities
- Indigenous groups
- Coastal communities / fishermen
Active presence of indigenous and non indigenous people inside organizations or settlements
Agreements consider training, employment and procurement opportunities
Challenge/ opportunity : To establish long term engagement beyond Indigenous Consultation Process

19. NuevaUnión Project Teck and Goldcorp 50/50 JV Life of mine 32 years
190,000 tons of copper and 315,000 ounces of gold per year over the first 10 years
Pre-feasibility study to be completed in the second half of 2017
100% desalt water during the operation
Local employment opportunities in the Province of Huasco

20. NuevaUnión Project Reduced environmental footprint
Participatory approach
More than 50 Diaguita communities and associations
Huasco Altinos agricultural community located within the area of interest of the project
Early community participation process with the local indigenous and non-indigenous communities started in 2016
Opportunity: To establish in Chile a new engagement model of Indigenous and community participation from early project stages

21. Our Initiatives

22. Teck & UN Women Partnership
Promoting the empowerment, leadership and the economic and social participation of indigenous women from the north of Chile

23. Outlook
Communities, government and industry are all working to ensure environmental approval systems are robust and include rigorous indigenous consultation processes (consistent with ILO 169)
We have the opportunity to bring Canadian experience to Chile and negotiate formal agreements to create mutual, lasting benefits and advance capacity building
Programs like Originarias represent our long term commitment to work with Indigenous women (two vulnerable groups)

24. Thank You