Swiss company Glencore says it has made an offer to buy the steelmaking coal business of Teck Resources.
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Teck Resources considers Glencore offer for just the coal business in latest twist to mining sagaGlencore has proposed buying Teck Resources’s coal business as an alternative to its $23 billion takeover bid that was rejected. Read more
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Glencore indicates willingness to bid for Teck Resources’ coal businessTeck Resources’ substantial coal assets have been valued at US$8.2-billion
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Glencore offers to buy Teck’s coal business as takeover battle for Canadian mining company takes a new twistGlencore confirmed in a statement early Monday that it had submitted a ‘proposal’ to Teck’s board, although no price was given
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Glencore, automakers to back US$1-billion nickel and copper SPAC deal in BrazilThe deal comes as a mining M&A spree picks up, spurred in part by investors betting on rising demand for metals needed for the global green energy transition in coming years
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Quebec now taking the offensive against forest fires, natural resources minister saysMaïté Blanchette Vézina says co-ordinated attacks against the fires are now possible due to reinforcements from other jurisdictions, including a team of wilderness firefighters from France
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Quebec now taking the offensive against forest fires: natural resources minister | Globalnews.caWith no rain expected in affected areas before Tuesday, officials say the flammability index remains high.
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