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141 new news items in the last 24 hours
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  2. Economy

Anglo American intends to acquire Teck Resources through a transaction of 20 billion dollars, thus strengthening its position in the copper market.

Raluca Ioana Draghici
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9 September 2025, 09:58
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The proposed transaction between Anglo American and Teck Resources could create a mining entity with a market value of over 50 billion dollars, considering Teck's 17 billion capitalization. This comes after both companies rejected takeover offers from larger rivals, and Teck recently finalized a deal to sell its coal division. The acquisition would mark a significant expansion in copper production for Anglo American, which is also exploring options to sell its diamond business, De Beers.

Sources

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Ziarul Financiar
Cea mai mare tranzacţie din istoria industriei miniere: Gigantul britanic Anglo American încearcă să preia compania canadiană Teck Resources într-o tranzacţie evaluată la 20 mld. dolari, care ar putea crea un uriaş minier de 50 mld. dolari
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independent.co.uk
Anglo American agrees deal for Canada’s Teck Resources
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The Guardian EU
Anglo American to merge with rival Teck in $53bn mining group

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