“M&A is not part of the core strategy for Teck Metals at this point in time,” Chief Executive Officer Jonathan Price said in a Tuesday interview."

I love it when CEO's qualify certain statements.   To me, that qualified M&A statement (not core strategy) still leaves wide open the door for them to take out a jr partner's interest in an obscured  project they've owned 75% of already for a decade.  Teck is clearly going out of its way to marginalize SC to the market so Teck taking 100% control can easily be rationalized as non-core or not significant M&A. 

The other qualification is 'timing'.  This qualification leaves the door wide open even to a company acquisition, just not at this very specific "point in time".  This fall or this summer isn't "this point in time".

So I am not discouraged or demoralized by the answer.  Sorry Jonathan.