By Christian Moess Laursen Glencore said it has bought a 77% stake in Canadian miner Teck Resources' steelmaking coal business Elk Valley Resources for $6.93.
Glencore on Tuesday said it had struck a $9 billion deal to buy Canadian mining company Teck Resources’ steelmaking coal business, as the Swiss commodities.
By Adriano Marchese Canadian stocks were solidly higher mid-trading Tuesday, in step with global markets that got a boost after U.S.' October CPI report came.