The mining newspaper for Alaska and Canada's North

Teck explores future after takeover bid

Mining Explorers 2023 - January 18, 2024

Teck Resources Ltd. went into 2023 with a strategy to better position for the energy transition by spinning its steelmaking coal unit into the newly formed Elk Valley Resources, and advancing its copper- and zinc-forward metals assets under a rebranded Teck Metals Ltd.

This proposed reorganization, however, was stymied by an aggressive takeover bid by Glencore that wanted to incorporate Teck's coa...


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