Canada has tightened in recent years its Investment Canada Act, the main tool used to review inbound deals to ensure transactions are not harmful to national security.
Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.
The burning of biomass fuel, the crude oil exploitation and coal mining industries are causing a severe deterioration of air quality in African countries.
Since the beginning of the modern era, emissions from coal-fired power plants, mining and waste incineration have increased the concentration of potentially toxic mercury in the atmosphere sevenfold.