Glencore acquires Teck's world class coal assets

Get this report


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

In the biggest coal deal since 2011, Glencore is purchasing Teck’s coal business (Elk Valley Resources, or EVR) for US$6.93 billion. Glencore will move from being a relatively minor player in the seaborne metcoal market to the third largest supplier globally. The deal breakeven price of US$198/t continues the trend of higher implied transaction prices that started in 2022. Glencore and Teck Metals both stand to gain, as each reshuffles their portfolio to target new investors.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document


    XLSX 167.58 KB

  • Document

    Glencore acquires Teck's world class coal assets

    PDF 1.32 MB