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Teck still looking at splitting business into two

Teck Resources says it’s still working on a plan to split its East Kootenay coal mines off from the rest of its metals business.

In a news release Tuesday, the company said it has received interest from an unspecified number of other parties, but it didn’t name them and gave no specifics.

Teck said it would not provide any further update “until it determines that a disclosure is required.”

In April, Teck cancelled a shareholders vote on splitting the company in two.

That came after the board of directors rejected Swiss-based Glencore’s unsolicited offers to acquire the entire company.

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