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Teck Resources to split company, spin off steelmaking coal business

Summary by Ground News
Teck Metals Corp. and Elk Valley Resources Ltd. to be split. Teck shareholders will receive 0.1 of a common share in Elk Valley for each Teck share they hold plus 39 cents in cash per share. In exchange for the coal assets, Elk Valley will make quarterly payments to Teck.

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Bradford TodayBradford Today
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

·Bradford West Gwillimbury, Canada
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Powell River PeakPowell River Peak
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

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New West RecordNew West Record
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

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Alaska Highway NewsAlaska Highway News
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

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Squamish ChiefSquamish Chief
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

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Burnaby NowBurnaby Now
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Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

·Burnaby, Canada
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BIV News broke the news in on Tuesday, February 21, 2023.
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