Canada approves $70B Teck-Anglo American merger, creating Vancouver-based Anglo Teck, a top global copper and critical minerals producer.

Canada has approved the $70-billion merger between Teck Resources and Anglo American, creating Anglo Teck, a global copper and critical minerals leader headquartered in Vancouver. The deal, described as a "merger of equals," received federal approval under the Investment Canada Act, with commitments to secure 4,000 Canadian jobs and invest $4.5 billion over five years. The combined company will be one of the world’s largest mining firms, with leadership and board members based in Canada. Final completion depends on ongoing regulatory reviews worldwide.