Teck Responds to Glencore

Teck Resources Limited CEO, Jonathan Price, issued a letter to shareholders reaffirming the strong rationale for its pending separation and responding to Glencore’s latest attempt to frustrate value creation for Teck shareholders. • Glencore’s opportunistic proposal hasn’t changed – same low value, same flawed structure, same material execution risks • Teck has previously engaged extensively […]

read more

Teck Announces Sale of Fort Hills Interest

Teck Resources Limited announced today it has agreed to sell its 21.3% interest in the Fort Hills Energy Limited Partnership to Suncor Energy Inc. for gross proceeds of approximately $1 billion in cash

read more