This from page 62;  Partnership and Streaming sounds like a strong possibility, without any equity requirements...

"Teck is positioned to realize value from a robust pipeline 

of copper projects

• Investment in exploration and strategic M&A over the last 

20 years has secured quality opportunities

• Focus on integrated technical, social, environmental and 

commercial de-risking of opportunities 

• Leadership, experience and systems in place to fulfill strategy

We seek to maximize shareholder returns and maintain a 

strong balance sheet

• Reduce Teck’s equity requirements through partnering, streams, 

infrastructure carve-outs and project financing

• Maintain investment grade metrics to support strong liquidity 

• Rigorous capital allocation framework to balance growth and 

cash returns."

herbie1