In December 2022, Conuma executed an agreement with Teck to acquire the Quintette steelmaking coal mine near Tumbler Ridge. The acquisition of Quintette strengthens Conuma’s position as a global supplier of steelmaking coal, provides long-term opportunities for our employees and continues to provide benefits in NEBC.

In February, Conuma completed the purchase. Quintette will be included in the 2023 scenario analysis update and climate-related risk and opportunity assessments.