April 11, 2023

G-7 nations tussle over bid to phase out coal power by 2030

The EU, the US and Japan have expressed reservations about a UK proposal to phase out out domestic coal power generation by 2030.

April 11, 2023

One of Teck Resources’ top investors backs separation plan

Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote.

April 10, 2023

Teck Resources calls Glencore bid a “non-starter”

Chief executive Jonathan Price warns that Glencore's proposed takeover would destroy value for the company’s shareholders.

April 8, 2023

Canadian entrepreneur Lassonde plans to buy blocking stake in Teck’s Elk Valley

Pierre Lassonde's comments came after Teck rejected an unsolicited takeover offer of $22.5 billion from Glencore.

April 8, 2023

Teck mining magnate stands between Glencore and mega deal

The Keevil family’s control of Teck through voting shares has long insulated the company from takeovers.

April 7, 2023

Spain to invest $2.3 billion in S. African energy transition

South Africa produced an energy-transition plan last year that estimated it will need 1.5 trillion rand ($82 billion) in investment over the next five years.

April 6, 2023

Technology to extract REE from acid mine drainage gets $8m from US government

West Virginia University received a grant from the US Department of Energy to develop a pre-commercial demonstration facility for separating and refining rare earth elements from acid mine drainage and…

April 5, 2023

Australia is quitting coal in record time thanks to Tesla

The original Tesla battery, owned and operated by France-based renewables group Neoen SA, is now a cornerstone of South Australia’s grid.

April 5, 2023

Teck opted for coal split after mulling stake sale, partnerships

Canada’s largest diversified miner spent four years mulling options for its steelmaking coal business before deciding to spin it off.

April 4, 2023

Glencore has three weeks to keep $23 billion Teck bid alive

Glencore, which is working with Citigroup, has indicated its deal would be dead if Teck investors approve the split later this month.