Tag: Canada: Teck Resources to finalize coal unit sale to Glencore by Q3CY’24

Teck Resources set to finalise sale of steel-making coal unit to Glencore by Q3CY’24 pending Canadian government approval. The focus remains on enhancing production at the Quebrada Blanca Phase 2 (QB2 mine), witnessing a 42% surge in coal sales to 6 mnt in Q4CY’23. The production is expected to range between 24-26 mnt in CY’24,…