Glencore deal for Teck would face stringent review, Trudeau says

Trudeau promised that, if the government is asked to approve a deal, it will be consistent in applying Canada’s takeover rules “so investors can know what they’re getting into.”

Bloomberg News | April 28, 2023 | 12:43 pm

Robots help ‘smart mines’ drive China’s coal build-out

China invested $79 billion in coal production last year, according to the IEA, while the rest of the world combined spent $37 billion.

Bloomberg News | April 27, 2023 | 6:06 pm

Canadian Conservatives want Glencore takeover of Teck blocked

Thousands of jobs would be at risk, Conservative Leader Pierre Poilievre said in a statement.

Bloomberg News | April 27, 2023 | 1:22 pm

Glencore says takeover bid for Teck stands after spinoff fails

Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.

Cecilia Jamasmie | April 27, 2023 | 3:29 am

Glencore-led revolt kills Teck plan, keeping takeover goal alive

The Canadian miner withdrew a plan to split itself in half just hours before a high-stakes vote.

Bloomberg News | April 26, 2023 | 1:25 pm

Teck takes restructuring plan off the table ahead of vote

Teck said it will pursue instead "a simpler and more direct separation" proposal to best unlock the full value for its shareholders.

Cecilia Jamasmie | April 26, 2023 | 5:15 am

Teck spinoff backed by Canada pension after website error fixed

Canada Pension Plan Investment Board says it will vote for Teck’s plan to split the mining company after a “technical error” last week caused it to state the opposite.

Bloomberg News | April 25, 2023 | 10:20 am