Teck Resources announces new business structure after exiting coal

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Jonathan Price News

Business Units,Teck Resources,Energy Transition

VANCOUVER — Teck Resources Ltd. says it's taking on a new business structure as it shifts to a pure-play energy transition metals company.

VANCOUVER — Teck Resources Ltd. says it's taking on a new business structure as it shifts to a pure-play energy transition metals company.

President and CEO Jonathan Price says the change simplifies Teck's business with a streamlined leadership team, and regional structure, supporting the company's strategy focused on growth in copper.Earlier this summer, Teck successfully closed the sale of its remaining 77 per cent interest in its steelmaking coal business, Elk Valley Resources, to Swiss commodities giant Glencore.

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