Teck Resources Ltd (TSX:TECK.B) shares rose Tuesday on news it has agreed a deal to sell its steelmaking coal assets to a consortium led by commodity giant.
VANCOUVER - Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at US$9 billion that will see Swiss commodities giant Glencore acquire a majority ownership.
B C mining firm Teck sells steelmaking coal arm in US $9-billion deal agassizharrisonobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agassizharrisonobserver.com Daily Mail and Mail on Sunday newspapers.
Vancouver-based Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at $9 billion US and will see Swiss commodities giant Glencore acquire a majority ownership.