Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business, without revealing if one included a revised offer from Swiss trading and mining firm Glencore which launched its takeover bid for the Canadian miner over two months ago.
Teck shares rose 3% to C$57.16 at end of Tuesday's trade.
Lassonde told Reuters in a text message on Monday that there are many Canadians who have been "incredibly supportive" to keep Teck's coal business in Canadian hands. But he declined to give details of his consortium members saying the parties have signed a confidentiality agreement. Teck CEO Jonathan Price in a statement to Reuters said Lassonde does not speak for Teck and does not have an informed view of the intentions for Teck's steelmaking coal business.
For Teck any investment will be ultimately signed by the Keevil family, which founded Teck, and control company via dual class shareholding. Reporting by Mrinalika Roy, Divya Rajagopal; Editing by Devika Syamnath, Richard Chang and Marguerita ChoyDivya Rajagopal reports on Canada mining sector, where she covers breaking news on critical minerals deals, takeovers and mergers in the mining sector and how miners deal with climate change and ESG imperatives. Divya previously worked as a financial journalist with Economic Times and CNBC TV18 based out of India.
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