(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland
Tagged acquisition, CANADA, Canadian steelmaking coal, cobalt, copper, Elk Valley Resources, Elkview Operations, EVR, Fording River, Gary Nagle, Glencore, Glencore plc, Greenhills, Greenhills joint venture, Line Creek, Mines, Neptune Terminals, nickel, Nippon Steel Corporation, North Vancouver, NSC, oal mines, POSCO, Southeast British Columbia, steelmaking coal, steelmaking coal business, Teck, Teck Resources Limited, zinc
(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland
Tagged 2023 Q3 Production, ferrochrome, Financial, Gary Nagle, Glencore, investment, nickel
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