Teck Resources (TECK) to Spin Off Steelmaking Coal Business to Shareholders
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Teck to Spin Off Steelmaking Coal Business to Shareholders
February 21, 2023 6:15 AM ESTTeck Metals a premier, growth-oriented producer of energy transition metalsElk Valley Resources a pure-play, high-margin steelmaking coal producerTeck Metals retains steelmaking coal cash flows for transition period to fund copper growth Provides investors choice of businesses with unique fundamentals and value propositionsNippon Steel Corporation to pay Teck $1 billion in cash for interest in Elk Valley Resources
VANCOUVER, British Columbia, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck)... More
