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Canada's Teck lifts debt buy offer

Canadian diversified miner Teck has increased its cash tender offer for up to US$500 million of its debt securities to US$650 million.

Canada's Teck lifts debt buy offer Canada's Teck lifts debt buy offer Canada's Teck lifts debt buy offer Canada's Teck lifts debt buy offer Canada's Teck lifts debt buy offer

Teck ploughs through debt

The cash offer is part of the firm's plans to reduce its US$7.6 billion of debt and follows strong flows from the company's coal, zinc and copper operations.