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Teck Resources Closes Sale of Remaining Stake in Steelmaking Coal Business
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Teck Resources Closes Sale of Remaining Stake in Steelmaking Coal Business
Jul 11, 2024 11:21 AM

01:46 PM EDT, 07/11/2024 (MT Newswires) -- Teck Resources ( TECK ) said Thursday it closed the sale of its remaining 77% interest in its Canadian steelmaking coal business to Glencore.

The company reported total cash proceeds of US$7.3 billion ($10 billion).

Teck shares were last seen down $0.18 to $67.46 on the Toronto Stock Exchange

Price: 67.55, Change: -0.09, Percent Change: -0.13

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