Canada’s Teck to execute on copper growth strategy amid proposed sale of met coal business
November 16, 2023 Comments Off
Canadian diversified miner Teck Resources plans to use proceeds from the proposed sale of its metallurgical coal assets to Glencore and minority partner Nippon Steel in a deal with a $9 billion enterprise value to execute its copper growth strategy and for shareholder returns, a company representative said Nov. 14. “These transactions ensure Teck is well-capitalized to execute on our…
Canada’s Teck to execute on copper growth strategy amid proposed sale of met coal business
Canadian diversified miner Teck Resources plans to use proceeds from the proposed sale of its metallurgical coal assets to Glencore and minority partner Nippon Steel in a deal with a $9 billion enterprise value to execute its copper growth strategy and for shareholder returns, a company representative said Nov. 14. “These transactions ensure Teck is well-capitalized to execute on our…
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