Left: Signage at the Anglo American Plc headquarters in Santiago, Chile, on Tuesday, April 8, 2025. Right: A sign for Teck Resources Ltd. at the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, Ontario, Canada, on Tuesday, June 14, 2022.Left: Photographer: Cristobal Olivares/Bloomberg Right: Photographer: Cole Burston/Bloomberg
Investing
Anglo Teck merger aims to establish top-five copper producer and minerals leader
The proposed “Anglo Teck” merger will combine Anglo American and Teck Resources to form a top-five copper producer with 70% exposure to the red metal and a $4.5 billion shareholder payout.
Key topics:
$4.5 bn special dividend ahead of merger completion
70% copper exposure positions Anglo Teck as global leader
Dual HQ in Canada & UK, with lasting SA commitment
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