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Teck Resources goes from dud to darling as coal makes a comeback
The company's shares have almost tripled this year, making it the best-performing global miner amid the rebound in commodity prices and a projected fivefold improvement in earnings.
The new faces will be inducted into the parent firm and its subsidiaries in various disciplines mining, electrical, mechanical, civil and chemical/mineral. The recruitment of the white-collars is necessitated as the world's top coal producer plans huge expansions, including setting up of 20 new washeries with a combined capacity of 111.1 million tonnes at an estimated cost of INR 2,500 crore.