Teck is selling its coking coal assets. All the majors are doing this but demand has never been as high for coking coal and there is no replacement either?!
Whats the future for coking coal assets.. all mines to be run by smaller off shoot companies? So the big 5 can all pretend there on the green wave to keep pension funds mangers happy.
Makes me thinks gaining funding or Jv for Elko will be extremely difficult. Wouldn’t be surprised if they are currently looking for an out.
forhttps://www.*********.com.au/2021/09/15/canadas-teck-the-latest-to-forgo-fossil-fuels://www.*********.com.au/2021/09/15/canadas-teck-the-latest-to-forgo-fossil-fuels/
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