Teck announces full sale of steelmaking coal business

Vancouver, british columbia, nov. 13, 2023 (globe newswire) -- teck resources limited (tsx: teck.a and teck.b, nyse: teck) (“teck”) today announced it has agreed to sell its entire interest in its steelmaking coal business, elk valley resources (“evr”), through a sale of a majority stake to glencore plc (“glencore”) for an implied enterprise value of us$9.0 billion, and a sale of a minority stake to nippon steel corporation (“nsc”).
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