18:44:40 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Teck Resources Ltd
Symbol TECK
Shares Issued 513,313,506
Close 2023-07-19 C$ 55.64
Market Cap C$ 28,560,763,474
Recent Sedar Documents

Globe says unit of Teck suitor Glencore bombed in Odesa

2023-07-20 07:37 ET - In the News

The Globe and Mail reports in its Thursday edition that Russia bombarded the port city of Odesa for a second consecutive day Wednesday, damaging agricultural infrastructure in the region, including a terminal partly owned by the Canada Pension Plan Investment Board. The Globe's Mark MacKinnon writes that the attacks come on the heels of a Kremlin announcement Monday that it was ending a year-old pact that allowed for the safe passage of Ukrainian agricultural products through a Russian naval blockade. Odesa was the main centre of operations for the Black Sea Grain Initiative, a deal the United Nations credited with bringing 33 million tonnes of corn, wheat and other grains to market, lowering world food prices by 20 per cent. Russia's Defence Ministry further increased the tension with a warning that, as of midnight Moscow time, "all ships proceeding to Ukrainian ports in Black Sea waters will be considered as potential carriers of military cargo." One target was the IGT grain terminal, in the Odesa region city of Chernomorsk. The terminal is owned by Viterra, a company descended from Prairie wheat pools. There were no injuries; the company is assessing the extent of damages. Viterra is controlled by Glencore PLC.

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