在the pages that follow, you will find stories and updates about the important work underway across Teck that is shaping the future of our company and its people.

Chief among these is our Quebrada Blanca Phase 2 Project in Chile, which is a key component of our future growth. Construction is now well advanced, and we have more than 5,000 people actively working across six major construction areas on the project. We take a closer look at some of the progress being driven through QB2’s one-project, one-team approach to building Teck’s mine of the future in"QB2: Project Update".

We can’t talk about Teck’s future without also talking about the incredible transformation happening across our business through RACE21™. Numerous RACE21™ initiatives are underway now across Teck that will change how we do business for the better. We’ve set an initial target of $150 million in annualized EBITDA improvements by the end of 2019 to be achieved under this initiative, but we know the ultimate value of this business transformation will be much, much greater.

在“Race21™ - 业务转型的大局”，首席转型官Andrew Milner谈到该计划，业务改进它的驾驶，为什么人们对其成功如此重要。

在“RACE21™ Explained”，我们仔细看看该计划，为什么现在是Teck的数字创新的正确时间。在“Connecting the Dots”, we get a sneak peek at three RACE21™ initiatives being implemented at sites across Teck and meet the people making them possible.

人们对我们所做的一切都是我们在Teck的核心，我们公司的众多示例鼓励个人和团队共同努力实现令人难以置信的事情。

我们突出了另一个“工作的想法”，this one coming from the Elk Valley where a team, comprised of Teck employees, a local vendor and a service provider, worked together to achieve the ‘impossible’ and, in doing so, are helping deliver on our commitment to improving water quality in the region.

闪耀着卓越的精神，在Teck队列出这个问题‘People and Places’回顾我们以前的一些卓越奖获奖者及其关于参与卓越奖项计划的经验的思考。认识和奖励卓越和员工的努力非常重要，特别是在挑战时期，而今年的卓越奖计划正在进行中，正在收到记录的提名。谢谢每个人花时间提名同事并庆祝他们的辛勤工作和善于卓越的承诺。我期待明年初宣布获奖者。

随着我们在2019年的剩余时间内工作并准备2020年，我们仍然专注于对我们的人民和我们的业务最重要的东西：安全，可持续性和生产力。我们还将继续推进四个关键优先事项。我们将开发QB2，以便为未来进行Teck，提前竞赛21™计划，以提高效率和生产力并改变我们的业务。我们将为我们工作的各个方面申请成本纪律，以实现我们的成本减少计划所规定的目标。我们将在海王星码头上执行我们的优先项目，为我们的炼钢煤提供长期，低成本和可靠的供应链。

I would like to thank all employees for their hard work and commitment to Teck as we navigate challenging market conditions while taking advantage of opportunities to transform our company and stay strong for the future.

Don Lindsay
President and CEO