Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LON: GLEN) and two Asian steelmakers for $8.9 billion, the miner announced on Tuesday. Under the deal, which still must be approved by regulators in Ottawa, Glencore is to...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now