Manitoba releases critical mineral strategy
The Canadian province has 30 of 34 minerals identified as critical for promoting green energy.
Nippon Steel remains interested in Teck Resources’ steelmaking coal assets, a spokesperson said on Tuesday, adding that talks continue despite Glencore’s latest offer for the Canadian miner’s coal business.
Swiss trading and mining firm Glencore on Monday offered to buy Teck’s steelmaking coal business as a standalone unit, after the Canadian miner twice rebuffed its $22.5 billon offer to combine the two companies.
Nippon Steel’s spokesperson declined to comment on Glencore’s latest proposal.
(By Yuka Obayashi; Editing by Katya Golubkova and Sonali Paul)
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