Reaction from elected and union officials is pouring in to the proposed sale of Teck Resources Ltd’s coal assets to Glencore — a Swiss-based mining giant — that was announced on Tuesday (Nov. 14).
Sparwood Mayor David Wilks said he was “not concerned” given commitments that Glencore had made as part of the announcement, as Glencore’s successful bid for Teck’s coal assets followed an unsolicited and failed attempt to acquire the entirety of Teck Resources Ltd.