Teck closes sale of coal business to Glencore in wake of federal approval

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 10 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News

Politics,Utilities

Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.

VANCOUVER —

Vancouver-based Teck received US$7.3 billion from Glencore for its coal business, which it sought to off-load in order to focus more on critical minerals and the energy transition.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Teck closes sale of coal business to Glencore after federal approvalVancouver-based Teck received US$7.3 billion from Glencore for its coal business, which it sought to off-load in order to focus more on critical minerals and the energy transition
Source: globeandmail - 🏆 5. / 92 Read more »

Teck closes sale of coal business to Glencore in wake of federal approvalVANCOUVER — Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.
Source: SooToday - 🏆 8. / 85 Read more »

Teck closes sale of coal business to Glencore in wake of federal approvalVANCOUVER — Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Teck closes sale of coal business to Glencore in wake of federal approvalVANCOUVER — Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Teck closes sale of coal business to Glencore in wake of federal approvalVANCOUVER — Teck Resources Ltd. says it has completed the sale of its remaining 77 per cent interest in its steelmaking coal business to Glencore plc.
Source: PGCitizen - 🏆 65. / 51 Read more »