Glencore might just be forced to phase out the coal operations it’s buying from Teck

News Snapshot:

Open this photo in gallery: The Elkview mine is an open pit coal mine located in the Elk Valley in southeastern British Columbia. HANDOUT Eugene Ellmen is a former executive director of the Canadian Social Investment Organization (now the Responsible Investment Association). He writes on sustainable business and finance. With Glencore PLC’s GLNCY offer for the coal business of Teck Resources Ltd. now formally on the table, all eyes are on the federal government. Will Ottawa approve the US$8.9 billion deal and, if so, under what conditions? Teck chief executive officer Jonathan Price says the deal is good for his...