Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Teck Resources Set for $53B Merger with Anglo American

Teck Resources Set for $53B Merger with Anglo American

Post by : Badri Ariffin

Teck Resources is moving closer to one of the biggest shake-ups in the copper mining world. The Canadian mining giant is set to combine forces with Anglo American, a deal that would create a critical-minerals powerhouse valued at over $53 billion.

The merger, first unveiled in September, promises to deliver substantial benefits for Teck shareholders. Analysts highlight that combining the two companies could unlock significant synergies, expand copper exposure, and offer stronger growth prospects than Teck could achieve on its own.

Glass Lewis, an independent proxy advisory firm, has weighed in, recommending that Teck shareholders support the merger. The advisory firm described the terms of the deal as reasonable, signaling confidence in the strategic direction of the combined entity.

The merger vote is scheduled for December 9, with market watchers closely monitoring the outcome. If approved, the move is expected to reshape the critical-minerals landscape and position the combined company as a major player in the global copper market.

Nov. 22, 2025 1:24 p.m. 565

#AI #Technology #Business & economy

Kim Jong Un Orders Massive Missile Boost and Nuclear Submarine Build
Dec. 26, 2025 6:23 p.m.
Kim Jong Un orders more missile production, inspects nuclear submarine, and plans military upgrades to strengthen North Korea’s defense capabilities
Read More
15 Injured in Tyre Factory Assault in Japan, Attacker Arrested
Dec. 26, 2025 6:13 p.m.
A violent incident at a tyre factory in Japan resulted in 15 injuries. Police arrested the suspect, a 38-year-old man, on attempted murder charges.
Read More
Deadly Storms Lash California, Floods and Mudslides Kill Three
Dec. 26, 2025 6:05 p.m.
Heavy rain across California triggered floods and mudslides, killing three people, forcing evacuations, road closures and power outages during Christmas week
Read More
Putin Aide Holds Talks With US Officials After Peace Proposals
Dec. 26, 2025 5:52 p.m.
Kremlin confirms Vladimir Putin’s foreign policy aide spoke with US officials after Moscow received American proposals on a possible Ukraine peace deal
Read More
Dubai Film Development Committee Unveils Strategic Growth Plan
Dec. 26, 2025 5:43 p.m.
Dubai's Film Development Committee outlines strategies to enhance the film industry, focusing on production, talent, and international cooperation.
Read More
Sidharth Malhotra and Kiara Advani Enjoy a Heartwarming Christmas with Their Daughter Saraayah
Dec. 26, 2025 5:40 p.m.
Sidharth Malhotra and Kiara Advani celebrate their daughter Saraayah's first Christmas in a cozy family setting filled with love.
Read More
Essential Travel Tips for Your First Adventure in Japan
Dec. 26, 2025 5:35 p.m.
Set for Japan? Discover key tips, etiquette, and essential advice for ease and enjoyment on your inaugural journey.
Read More
Dubai Completes Major Security Prep for New Year 2026 Celebrations
Dec. 26, 2025 5:34 p.m.
Dubai is poised for a spectacular New Year’s Eve 2026, ensuring full security and emergency services throughout the city.
Read More
Oil Prices Steady Amid Geopolitical Tensions and Supply Levels
Dec. 26, 2025 5:33 p.m.
Oil prices are stable as traders assess geopolitical risks and growing supplies in a slow holiday market.
Read More
Trending News