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Teck

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2025: Merger in $53bn deal with copper producer Anglo American

On December 9, 2025, British mining company Anglo American and Canadian Teck Resources announced a merger as part of a $53 billion deal. The combined company will produce more than 1.2 million tons of copper per year, becoming the fifth largest producer of this metal in the world. The merger was supported by 89% of Teck's shareholders and 99.2% of Anglo American's shareholders. To complete the deal, Anglo American and Teck must get approval from regulators in Canada, the United States, Britain and China.[1]

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