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Teck Resources says it won't build Red Dog pipeline in Alaska

Jun. 05, 2014 4:49 PM ETTeck Resources Limited (TECK) Stock, TECK.B:CA StockBy: Carl Surran, SA News Editor
  • Teck Resources (TCK) decides against building a proposed 52-mile pipeline that would have directed effluent from its Red Dog mine in Alaska to the Chukchi Sea, saying an underground pipeline would be vulnerable to breakage due to ground movement caused by seasonal ground freezing and thawing.
  • TCK says there is no clear environmental benefit to building the pipeline, as the treated water currently being released to Red Dog Creek already meets stringent permit requirements.

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