Teck sells coal assets to Glencore, steelmakers for $8.9 billion
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.
Scale-up and roll-out of technology first piloted at the University of Birmingham forms the basis for the UK’s first full scale remanufacturing facility for rare earth magnets.