MANAGEMENT

Glencore revises Teck coal offer

GLENCORE has sweetened its offer for Canadian miner Teck, pledging to stump up US$8.2 billion for Teck’s North American coal assets.

 Glencore acknowledges that certain Teck investors may prefer a cash payment for the coal business.

Glencore acknowledges that certain Teck investors may prefer a cash payment for the coal business.

It also responded to some of Teck's stated concerns regarding the proposed $23 billion billion merger demerger that would have split the Canadian company's metal and coal assets merged them with Glencore...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions