score:18
Chances:
- Teck Resources collaborates with NORDEN to reduce carbon emissions in its steelmaking coal supply chain.
- Teck Resources works on reducing carbon dioxide emissions in the steelmaking coal supply chain through a partnership with NORDEN.
- Teck Resources aims to reduce annual emissions from its shipments handled by NORDEN by 25%, contributing to environmental sustainability.
- Teck Resources’ collaboration with NORDEN to reduce emissions reflects its commitment to environmental responsibility.
- Teck Resources’ partnership with NORDEN aligns with the trend of companies focusing on sustainability and reducing carbon footprint.
Risks:
- JSW Steel Ltd.’s potential consortium bid for a majority stake in Teck Resources’ steelmaking coal business could introduce competition and impact Teck’s business strategy.
- Commodities market dynamics, such as changes in coal demand and pricing, could impact Teck Resources’ financial performance.
- Fluctuations in the steel and coal industries could affect Teck Resources’ business and stock price.
- Environmental regulations and changes in carbon emission standards could impact Teck Resources’ operations and costs.
- Market volatility and external factors could influence Teck Resources’ stock performance.
Score:18
investment score = chances characters count - risks characters count
References:
- 2023-08-17 Teck Resources (TECK) Inks Deal With NORDEN to Lower Emission
- 2023-08-17 India’s JSW Weighs Majority Stake in Teck Coal Unit
- 2023-08-17 India’s JSW Steel considers 75% interest in Teck’s coal business - Bloomberg
- 2023-08-17 Institutional owners may ignore Teck Resources Limited’s (TSE:TECK.B) recent CA$2.6b market cap decline as longer-term profits stay in the green
- 2023-08-17 Teck, Norden to Seek Reduced Freight Emissions of CO2
- 2023-08-16 Graphite Is The Big Winner In A Multi-Trillion Dollar EV Boom
- 2023-08-16 NORDEN and Teck Announce Emission Reduction Freight Contract
- 2023-08-08 Trending tickers: Glencore | Abrdn | SoftBank | IHG
- 2023-08-08 Glencore Half-Year Profit Drops 50% as Commodity Prices Ease
- 2023-08-08 Glencore Keeps Dealmaking Powder Dry for Teck as Payouts Drop