https://www.miningweekly.com
Coal|Copper|Mining|Resources
Coal|Copper|Mining|Resources
coal|copper|mining|resources

Teck CEO skips copper event lineup to focus on investor face time

19th April 2023

By: Bloomberg

  

Font size: - +

Bankers and traders arriving in the Chilean capital this week eager to hear what the top executive of Glencore Plc’s latest acquisition target has to say aren’t going to be getting the presentation they’d hoped.

Teck Resources CEO Jonathan Price, who was supposed to participate in Tuesday’s keynote discussion panel at CRU’s World Copper Conference, was replaced late in the planning process with another member of Teck’s management team. COO Harry “Red” Conger instead joined the panel alongside leaders from other mining giants including Rio Tinto and Codelco.

The last-minute swap comes as Teck’s CEO attempts to shore up shareholder support for his plan to spin off the company’s coal assets. Glencore, meanwhile, is making a competing case to buy Teck for $23-billion instead.

“Teck’s CEO is focusing on engaging with shareholders, as there is significant shareholder interest in the value that Teck’s planned separation will create,” Dale Steeves, a Teck spokesperson, said in an email to Bloomberg when asked about the agenda swap.

Edited by Bloomberg

Comments

Projects

Image of lithium ore
Bougouni lithium project, Mali – update
Updated 2 hours 17 minutes ago By: Sheila Barradas

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.104 0.138s - 91pq - 2rq
Subscribe Now