Teck deal sets scene for Glencore coal demerger

Glencore's Collinsville open-cut coal mine

Glencore has set the scene to split off its coal assets after securing a majority stake in Canadian miner Teck Resources’ steelmaking coal business for $10.9 billion. Glencore plans to create a standalone company containing its combined coal and carbon steel material operations within two years of closing the deal. Glencore’s Australian coal business includes […]

Thank-you for your interest in iQ Industry Queensland. We invite you to purchase a registration through iQ Industry Queensland to get the most out of the service.

Share post:

Industry Queensland
Industry Queensland