The decision comes as Teck works to secure support for its plan over an unsolicited takeover proposal by Swiss company Glencore, which is urging shareholders to reject the company's proposal in favour of its offer to acquire the company.
Norges Bank Investment Management, which manages Norway's Government Pension Fund Global, published its voting intentions as part of its routine disclosures on its website. It held a roughly 1.5 per cent stake in the Canadian mining company as of the end of 2022. In a statement on Thursday, USW District 3 director Scott Lunny said Teck supports the economies of numerous B.C. communities in which it operates, including Logan Lake, Sparwood, Elkford and Trail.
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