Teck Resources agrees to sell steelmaking coal business in deals that value operations at US$9 billion

[ad_1] VANCOUVER – Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at US$9 billion. The company…

Huge financial package to safeguard steelmaking at Port Talbot ‘close’

[ad_1] It is understood that the UK Government is in advanced talks over a financial package to safeguard long-term steelmaking at Port Talbot. Sky News first reported that the UK…

China’s economic woes send prices of steelmaking metals sliding

[ad_1] TOKYO — The price of vanadium and other metals used in steelmaking has dropped to lows not seen in several months as demand softens on the back of a…

Tata Steel, Germany’s SMS group to explore low carbon steel-making tech

[ad_1] Tata Steel has partnered with Germany’s SMS group to explore development of low carbon steel making process. As part of the MoU, both companies shall undertake further technical discussions…

B.C. Premier ‘nervous’ about foreign bid for Teck’s steelmaking coal business – Victoria News

[ad_1] B.C.’s premier remains opposed to plans that could see parts of a major provincial industry fall into the hands of foreign ownership. “I guess it’s hard to say enough…

Glencore makes offer for the steelmaking coal business of Teck Resources | CityNews Kitchener

[ad_1] The Teck Resources logo is seen on a podium before the company’s special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. Swiss company Glencore says it has…

Tata Steel plans low CO2 steel-making technologies in UK, Netherlands

[ad_1] Tata Steel is working on a plan for transition to low carbon technologies for making steel in the UK and the Netherlands in line with company’s goal to produce…

Anglo American partners with Sweden’s H2 Green Steel to advance low-carbon steelmaking | Business

[ad_1] Global mining giant Anglo American said on Tuesday it has signed a memorandum of understanding with Swedish hydrogen and steel producer H2 Green Steel in order to work together…

Teck Announces Filing of Meeting Materials and Receipt of Interim Court Orders in Respect of Proposed Spin Off of Steelmaking Coal Business and Sunset for Dual Class Share Structure

[ad_1] VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced it has filed the management proxy circular (the…