>Is this good news?<

I think it is good news for us

I should free Teck's management and engineering up somewhat. Instead of focusing on Frontier they can put their thoughts and money  on other mineral projects. 

Hopefully they are intending on following through with their plan to produce minerals that are needed to reduce carbon emissions.

This from their Climate action strategy....

>At the same time, we know that the metals and minerals we produce are essential to building the technologies and infrastructure necessary to reduce GHGs and adapt to the effects of climate change. For example, renewable energy systems can require up to 12 times more copper compared to traditional energy systems; and steel and the steelmaking coal required to make it is necessary for infrastructure that reduces emissions, such as rapid transit and wind turbines. Continued responsible production of these metal and mineral products is essential to the global effort to combat human-caused climate change.<

https://www.teck.com/media/Climate-Action-Strategy.pdf