• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    iron investing

    Teck Buying Fortescue While Iron Ore is Hot

    Investing News Network
    Feb. 15, 2012 01:23PM PST
    Base Metals Investing

    SMH reported Teck (TSX:TCK.A,TSX:TCK.B,NYSE:TCK) is attempting to buy Fortescue (ASX:FMG) while iron ore is still the hottest commodity in the market.

    SMH reported Teck (TSX:TCK.A,TSX:TCK.B,NYSE:TCK) is attempting to buy Fortescue (ASX:FMG) while iron ore is still the hottest commodity in the market.

    As quoted in the market news:

    It is not difficult to follow the piece of string that started at the end of last year with Canada’s largest mining company, Teck Resources, taking a small stake in Forrest’s Fortescue unravelling to its ultimate conclusion – getting its hands on a piece of the action in the mineral de jour – iron ore.

    There is plenty of negotiation that needs to take place before the Canadians will make a pitch for Fortescue, and like any other deal it will come down to price.

    Click here to read the full SMH report.

    nyse:tckasx:fmgiron investingtsx:tck.btsx:tck.acanada
    The Conversation (0)

    Go Deeper

    AI Powered
    iron ore mining process

    ASX Iron Ore Stocks: 3 Biggest Companies in 2023

    iron ore mine

    Iron Ore in Australia

    Latest News

    VVC - Purchase of Ithaca 1-17 Well and 5 Mile Pipeline

    Canadian Investment Regulatory Organization Trade Resumption - ANT

    Anteros Metals Enters Definitive Agreement

    Nine Mile Metals Closes Oversubscribed Non Flow Through Private Placement

    Canada One Mining: Positioned for Significant Copper Discovery in  British Columbia

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Cyclone Metals

    CLE:AU

    M3 Metals Corp.

    MT:CA

    Rockex Mining Corporation

    RXM:CNX

    Oceanic Iron Ore Corp.

    FEO:CA

    Ares Strategic Mining Inc.

    ARS:CNX

    Labrador Iron Ore Royalty Corporation

    LIF:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES