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Teck exits oilsands with C$1bn sale of Fort Hills stake to Suncor

Cecilia Jamasmie | October 27, 2022 | 3:55 am Energy Markets Top Companies Canada Copper Oil & Gas 

Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Canada’s largest diversified miner, is exiting the oilsands business with the sale of its 21.3% stake in the Fort Hills project to Suncor Energy (TSX, NYSE: SU) for C$1 billion (about $737.2 million). The...

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