NEWS RELEASE
Nippon Steel to indirectly acquire a 20% interest in the steelmaking coal business of Teck Resources Limited
Nov. 14, 2023
Nippon Steel Corporation
Nippon Steel Corporation (Nippon Steel) is pleased to announce its decision to indirectly acquire a 20% interest in Elk Valley Resources (EVR JV), which will be the steelmaking coal business partnership sold by Teck Resources Limited (Teck), the second largest producer of high-quality steelmaking coal in the world.
The details are described below.
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