Teck Resources Ltd. earlier on Monday said the TSX has accepted the notice it filed to establish a normal course issuer bid to purchase class B subordinate voting shares.
Under the NCIB, Teck may.
Teck and Glencore deal values coal assets at $9bn miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.
Glencore Plc (GLCNF.PK, GLNCY.PK, GLEN.L) announced Tuesday its binding agreement to acquire a 77 percent effective interest in Teck Resources Limited's (TECK) steelmaking coal business, Elk Valley Resources or EVR, for $6.