Elk Valley Resources Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Elk Valley Resources Ltd. - overview
Location
Vancouver, BC, Canada
Primary Industry
Mining
About
Based in Elk valley, Canada, Elk Valley Resources Ltd. provides steelmaking coal operations. EVR is part of the Glencore Group, which is diversified natural resource companies. The company emphasizes responsible mining practices, environmental stewardship, and community engagement, particularly with Indigenous Peoples.
In November 2023, Glencore and Nippon Steel Corporation agreed to acquire a majority stake in Elk Valley Resources from Teck Resources Limited and China Investment Corporation for USD 7. 3 billion in cash. The deal was completed in July 2024. EVR produces steelmaking coal, a critical input for global steel production.
This coal is used in manufacturing infrastructure such as bridges, railways, hospitals, and renewable energy components like wind turbines. The firm operates four steelmaking coal mines.
Current Investors
POSCO
Primary Industry
Mining
Sub Industries
Mining
Total Amount Raised
Subscriber access only
Elk Valley Resources Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Elk Valley Resources Ltd. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.