Tag: $Glencore

Canada approves Glencore takeover of Teck coal unit, with conditions

The Canadian government has approved Glencore’s $6.93 billion acquisition of miner Teck Resources’ steelmaking coal unit with strict conditions to preserve jobs, the country’s industry minister said on Thursday.

Glencore, automakers to back $1 bln nickel, copper SPAC deal in Brazil

Global miner Glencore, Chrysler parent Stellantis and Volkswagen’s battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two mines in Brazil, ACG said on Monday.