Glencore’s purchase of Elk Valley Resources Review
- Feb
- 03
Glencore’s purchase of Elk Valley Resources from Teck Resources Limited is subject to mandatory regulatory approvals, being Investment Canada Act and competition approvals
read moreTeck Sells Elk Valley Coal Business to Glencore
- Nov
- 14
Teck Resources Limited today announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources, to Glencore.
read moreGlencore offers cash to Teck
- Jun
- 15
Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck Resources Ltd’s to include up to $8.2 billion in cash, but Teck’s board called it “largely unchanged” and analysts said it will need to rise further still. Glencore’s play for Vancouver-based Teck comes amid a rising wave of buyout offers for mines […]
read moreTeck Reaffirms Benefits of Elk Valley Separation
- Apr
- 10
Elk Valley Resources will be a high-margin Canadian steelmaking coal producer, focused on long-term cash generation and providing cash returns to shareholders, with significant equity value accretion potential.
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