Anglo American publishes shareholder circular for merger with Teck
(Posted on 10/11/25)
On 9 September 2025, Anglo American plc and Teck Resources Limited announced that they had reached an agreement to combine the two groups in a merger of equals to form the Anglo Teck group, a global critical minerals champion, headquartered in Canada. Certain further regulatory information regarding the Merger was announced by Anglo American on 17 October 2025.
Representing the critical next step in the Merger process, Anglo American has today published a notice of general meeting and circular to Shareholders (the “Circular”) seeking the approval by Shareholders of recommended proposals in connection with the implementation of the Merger (the “Proposals”) at a general meeting to be held at 17:30 (UK time) on Tuesday, 9 December 2025 (the “General Meeting”).
Duncan Wanblad, CEO of Anglo American, said: “We believe the formation of Anglo Teck as a global critical minerals champion will unlock outstanding value for both companies’ shareholders and stakeholders, in the near term through a unique combination of available industrial and other synergies, and longer term through enhanced portfolio quality, resilience and strategic positioning. Bringing together the strengths of both companies, Anglo Teck will leverage proven capabilities in technical and operational excellence, sustainability, product marketing and project execution to deliver significant, value-accretive growth through the cycle.
“Anglo Teck will benefit from an industry-leading portfolio of producing operations – as one of the world’s largest copper producers, alongside high-quality premium iron ore and zinc businesses – with exceptional growth optionality across its current product portfolio and in crop nutrients. Together, we are propelling Anglo Teck to the forefront of our industry in terms of growing the supply of responsibly produced critical minerals.”
The Circular contains further details in relation to the recommended Proposals. The Merger is conditional on the approval of the resolution relating to the allotment and issue of new shares to, or on behalf of, the shareholders and option holders of Teck in connection with the Merger. The Merger is not conditional on the approval of the other Proposals to be voted on at the General Meeting.
Latest News
GSC launches mining advisory division, strengthening global investment capabilities
(Posted on 10/11/25)GSC (Global Strategic Commodities) has announced the launch of its dedicated mining advisory division... Read more
SSAB issues first green bonds amounting to SEK2,800m
(Posted on 10/11/25)SSAB AB has successfully issued its inaugural green bonds under its EUR 2 billion EMTN programme, dated... Read more
Bunge closes agreement to acquire NWT grain elevator assets
(Posted on 04/11/25)Bunge has successfully closed its purchase agreement for the grain elevator assets of North West Terminal... Read more
NGFA applauds Senate committee for advancing Grain Standards Act reauthorisation
(Posted on 27/10/25)The National Grain and Feed Association (NGFA) in the USA has applauded the Senate Agriculture Committee... Read more
Rio Tinto announces board changes.
(Posted on 24/10/25)As Rio Tinto previously reported, the size of its Board peaked at 14 Directors during a transitional... Read more
ADM advances quality capabilities with new central milling laboratory
(Posted on 24/10/25)ADM , a global leader in human and animal nutrition, has celebrated the opening of its new Central Milling... Read more
Bunge announces reporting segment changes and recast outlook
(Posted on 20/10/25)Bunge Global SA has announced that it has changed its segment and volume reporting to align with the... Read more
Open Trade Coalition calls for bold and open EU trade policy
(Posted on 20/10/25)As the European Parliament prepares for the confirmation hearings of the new Commissioners, the Open... Read more
Rio Tinto Q3 results show strong production across the portfolio
(Posted on 14/10/25)Multinational mining company, Rio Tinto, has releases its third quarter 2025 production results showing... Read more
Robe River JV to invest $733m to extend Western Australia iron ore mine
(Posted on 08/10/25)Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 (Rio Tinto share $389 million) to develop... Read more
