Page 7 - Teck Resource News Today

Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies - for a decade or two at least - even as they are phased out in favour of renewable energy. Western companies may be loathe to search for new sources of coal or build new mines, but investors say coal still has a powerful role to play in the coming years since it can be used to feed the needs of the global shift to cleaner energy. Coking coal is emerging a...

Benign inflation news cleared the way Tuesday for stock markets all over North America to move freely upward, with Canadian stocks led by real-estate and health concerns. The TSX Composite strengthened 314.58 points, or 1.6%, to conclude Tuesday ...

Canada's main stock index jumped on Tuesday as cooler-than-anticipated U.S. inflation data bolstered investor sentiment, lifting rate-sensitive stocks, while a rise in prices of most commodities boosted energy and materials stocks. The TSX Composite ...

By Clara Denina and Pratima Desai LONDON (Reuters) - Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be ...

Glencore Investment For Teck Resources: Glencore CEO Gary Nagles initial bid for the entire Teck Resources faced stiff opposition from Justin Trudeaus Liberal government and from the premier of British Columbia, where the company is based. Teck twice rebuffed Glencores overtures.

Coking coal is emerging as a top option for companies to make a foray into, as it is used to make steel, an important component in large infrastructure and renewable projects.

Ian Woodley: Coking coal is emerging as a top option for companies to make a foray into, as it is used to make steel, an important component in large infrastructure and renewable projects.

Minh Doan tells MPs that it was a decision of ‘my team’ to hire GCStrategies to build the ArriveCan app and that he was not involved

Businessman Pierre Lassonde said on Wednesday that he is “mystified” by Teck Resources’ TECK-B-T decision to sell its coal unit to a Glencore-led consortium…

London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.