Teck in Talks to Sell Coal Business to Glencore

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Teck Resources,Coal Business,Glencore

Teck Resources is reportedly in talks to sell its coal business to Glencore, according to the Wall Street Journal. The potential deal comes as Teck aims to reduce its carbon footprint and shift towards cleaner energy sources.

Teck Resources is reportedly in talks to sell its coal business to Glencore, according to the Wall Street Journal. The potential deal comes as Teck aims to reduce its carbon footprint and shift towards cleaner energy sources.

The coal business has faced challenges in recent years due to declining demand and increasing environmental concerns. If the deal goes through, it would mark a significant step in Teck's transition to a more sustainable future.

 

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