Teck Announces Completion of Steelmaking Coal Sale
12 July 2024 - 3:03AM
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK)
(“Teck”) today announced that it has completed the sale of its
remaining 77% interest in the steelmaking coal business to Glencore
plc. Teck received total cash proceeds of US$7.3 billion, subject
to customary closing adjustments.
About TeckTeck is a leading Canadian resource
company focused on responsibly providing metals essential to
economic development and the energy transition. Teck has a
portfolio of world-class copper and zinc operations across North
and South America and an industry-leading copper growth pipeline.
We are focused on creating value by advancing responsible growth
and ensuring resilience built on a foundation of stakeholder trust.
Headquartered in Vancouver, Canada, Teck’s shares are listed on the
Toronto Stock Exchange under the symbols TECK.A and TECK.B and the
New York Stock Exchange under the symbol TECK. Learn more about
Teck at www.teck.com or follow @TeckResources.
Investor Contact:Fraser PhillipsSenior Vice
President, Investor Relations & Strategic
Analysis604.699.4621fraser.phillips@teck.com
Media Contact:Dale SteevesDirector, Stakeholder
Relations236.987.7405 dale.steeves@teck.com
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