UPDATE 1-Teck Resources expects to close coal unit sale to Glencore by Q3, CEO says [Yahoo! Finance]
GLENCORE PLC UNSP/ADR (GLNCY)
US:NASDAQ Investor Relations:
glencore.com/investors
Company Research
Source: Yahoo! Finance
sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on Thursday. Teck, one of the leading producers of steel-making coal, last year announced the sale of the business to Swiss miner Glencore Plc for $9 billion and said it was shifting its strategy towards building its copper business. The deal needs approval from the Canadian government. "The regulatory process is still going well, we are still confident of closing that transaction no later than the third quarter of 2024. So all on track at this stage," Price said. When asked whether Teck was having any conversations with Glencore regarding the sale of its copper business, Price said the company's focus now is to ramp up its QB2 mine in Chile to full production and to invest in current copper projects in Mexico, Peru and British Columbia, Canada. Besides copper and coal, Teck is also the biggest producer outside China of the rare earth metal ge
Show less
Read more
Impact Snapshot
Event Time:
GLNCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLNCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLNCY alerts
High impacting GLENCORE PLC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
GLNCY
News
- Jean-François Verret appointed to head Raglan Mine [Yahoo! Finance]Yahoo! Finance
- Jean-François Verret appointed to head Raglan MinePR Web
- A Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil [BNN Bloomberg (Canada)]BNN Bloomberg
- Statement from AWU regarding Mt Isa incidentPR Web
- Viterra partners with Foodgrains Bank for ninth consecutive year to help end hunger [Yahoo! Finance]Yahoo! Finance