03:41 AM EDT, 07/05/2024 (MT Newswires) -- Teck Resources ( TECK ) said Thursday it has received all regulatory approvals for the sale of its remaining 77% stake in its steelmaking coal business, Elk Valley Resources, to Glencore.

The deal is now expected to complete on July 11, the company said. Teck expects to receive cash proceeds of $6.9 billion from the sale.

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