Price, however, dismissed those claims.
In February, Teck said it wanted to split and create Teck Metals, a standalone company that would focus on copper and other minerals considered key for the energy transition away from fossil fuels and required for the world to meet its climate goals, and Elk Valley Resources Ltd., which would focus on coal.
But Teck Metals would have depended on cash flow from the coal unit for at least three years following the separation, keeping the coal and metals business intertwined and seemingly going against the proposal’s main selling point to investors. As it stands,
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Teck Resources considering multiple options for coal business - BNN BloombergTeck Resources Ltd. has confirmed Tuesday it is in talks with multiple parties about selling its steelmaking coal business, after cancelling a shareholder vote to separate its metals and coal business this spring.
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Teck reviewing multiple offers for its coal business, company saysTeck Resources Ltd. said it is evaluating multiple expressions of interest in its steelmaking coal business. Find out more.
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Teck in talks with multiple parties regarding its coal business, company saysTeck Resources Ltd. said it is evaluating multiple expressions of interest in its steelmaking coal business. Find out more.
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Teck fielding expressions of interest for coal business, as Canadian miner considers new restructuring planThe comments follow Teck’s decision in April not to move forward with a planned split of the business that would have seen the coal division spun off
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Teck Receives Interest in Coal Business as Glencore Circles(Bloomberg) -- Teck Resources Ltd. received several proposals for deals involving its coal operations, as the Canadian miner works to draw up a new plan for splitting off the business while rejecting a bid from Glencore Plc.Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownApple Headset Looks Sleek in Person But Battery Pack Stands OutA Wall S
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