Skip to main content

Teck Resources Ltd , is exploring options for its metallurgical coal business, including a sale or spinoff that could value the unit at as much as $8-billion, Bloomberg News reported on Tuesday, citing sources.

The company is working with an adviser as it looks for strategic alternatives for the unit, the report said.

Teck Resources declined to comment on the report.

Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.

Report an error

Tickers mentioned in this story

Your Globe

Build your personal news feed

Follow topics related to this article:

Check Following for new articles

Interact with The Globe