Teck Resources reported strike action has started at its Highland Valley Copper Mine.
Teck said the mine is operating at reduced capacity, with production impact tied to strike duration.
Evolve Royalties holds a 0.51% net profits interest in the Highland Valley Copper Mine.
Evolve Royalties Ltd. (CSE: EVR; OTCQX: EVRYF) said Teck Resources Limited reported that strike action by United Steelworkers Local 7619 has commenced at Teck’s Highland Valley Copper Mine.
Teck reported on October 24, 2026, that operations at the mine were continuing at reduced capacity, and that the impact on overall production would depend on how long the labour action lasts.
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Evolve said it owns a 0.51% interest in net profits on the Highland Valley Copper Mine and is monitoring developments. The company said it will provide further updates as it considers appropriate or as required under Canadian securities laws.
Teck also said contingency plans are in place, with a priority on maintaining safety and environmental management during the labour action, and that it remains committed to reaching a collective agreement.