Nippon Steel still interested in investing in Teck's steelmaking coal arm

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Nippon Steel still interested in investing in Teck's steelmaking coal arm
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TOKYO : 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 coa

TOKYO : 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.

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Nippon Steel still interested in investing in Teck's steelmaking coal armNippon Steel still interested in investing in Teck's steelmaking coal armTOKYO : 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 coa
Read more »



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