EdibleSource@lemmy.mltoAsklemmy@lemmy.ml•What has been your best financial move in life?
834·
11 months agoBeing born into a rich western country.
Being born into a rich western country.
Last year, coal accounted for 60 per cent of Teck’s revenue and 75 per cent of its profit. (from the Globe and Mail)
This sounds like a massive downsizing. Is Teck in need of cash or is this a strategic move? Most of these mines produce metallurgical coal so not used for power generation. Do they see that steel production wil switch off coal? Are there even good alternatives to metallurgical coal?
I am excited by this.
Congrats to @pnorman@en.osm.town