The Globe and Mail reports in its Wednesday edition that Teck Resources is surprised by the global interest in its coal business. The Globe's Eric Reguly writes that in an interview in London, Teck chief executive Jonathan Price said the range of possible bidders for the coal division, known as Elk Valley Resources (EVR), includes mining companies, steelmakers and resources funds. EVR is the world's second-biggest exporter of seaborne metallurgical coal, which is used to make steel. "We are positively surprised by the number of credible proposals we have received," Mr. Price said. "We have several that are serious." He suggested that the complexity of evaluating the various proposals meant that no deal was imminent, though Teck wants to announce the winning bid by the end of the year. "If it takes a couple of additional months to get the right deal done, this is what we'll do," he said. "This is a very high priority for us, and I would prefer not to see this carry over into 2024." Teck announced in February a plan to spin off EVR to shareholders, creating a stand-alone coal operation. It cancelled the deal in April after grumblings from shareholders. Many of them considered the spinoff excessively complicated.