{"id":599729,"date":"2023-08-26T11:02:06","date_gmt":"2023-08-26T05:32:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=599729"},"modified":"2023-08-26T12:02:13","modified_gmt":"2023-08-26T06:32:13","slug":"jsw-steel-plans-to-pick-up-20-40-stake-in-teck-resources-coal-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-steel-plans-to-pick-up-20-40-stake-in-teck-resources-coal-unit\/","title":{"rendered":"JSW Steel plans to pick up 20%-40% stake in Teck Resources&#8217; coal unit"},"content":{"rendered":"<p>JSW Steel is looking to pick up a 20-40% stake in the metallurgical coal unit of Canada&#8217;s Teck Resources, Bloomberg News reported on Friday, citing the Indian steel producer&#8217;s chairman, Sajjan Jindal.<\/p>\n<p>JSW, along with Japanese and Korean mills, plans to buy a stake in Teck&#8217;s Elk Valley Resources, with a combined offer valuing the unit at $8 billion, Jindal told the publication in an interview. <\/p>\n<p>JSW Steel and Teck did not immediately respond to Reuters&#8217; requests for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Steel is looking to pick up a 20-40% stake in the metallurgical coal unit of Canada&#8217;s Teck Resources, Bloomberg News reported on Friday, citing the Indian steel producer&#8217;s chairman, Sajjan Jindal. JSW, along with Japanese and Korean mills, plans to buy a stake in Teck&#8217;s Elk Valley Resources, with a combined offer valuing the unit at $8 billion, Jindal told the publication in an interview. JSW Steel and Teck did not immediately respond to Reuters&#8217; requests for comment.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-599729","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=599729"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599729\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=599729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=599729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=599729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}