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Teck Resources and Anglo American Secure Canadian Approval for Merger

Story Highlights
  • Teck Resources and Anglo American received Canadian approval for their merger on December 15, 2025.
  • The merger will form Anglo Teck, investing C$10 billion in Canada over 15 years, enhancing critical mineral projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teck Resources and Anglo American Secure Canadian Approval for Merger

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An update from Teck Resources ( ($TSE:TECK.B) ) is now available.

On December 15, 2025, Teck Resources Limited and Anglo American plc received approval from the Government of Canada for their merger of equals under the Investment Canada Act. This merger, announced on September 9, 2025, will form Anglo Teck, a global critical minerals champion headquartered in Canada. The merger is expected to bring substantial investments, including C$4.5 billion in Canada over five years and at least C$10 billion over 15 years, focusing on projects like the Highland Valley Copper mine life extension and the development of Galore Creek and Schaft Creek copper projects. The merger, approved by both companies’ shareholders on December 9, 2025, aims to enhance Canada’s role in the global critical minerals market, benefiting communities, Indigenous Peoples, employees, and stakeholders.

The most recent analyst rating on ($TSE:TECK.B) stock is a Hold with a C$72.00 price target. To see the full list of analyst forecasts on Teck Resources stock, see the TSE:TECK.B Stock Forecast page.

Spark’s Take on TSE:TECK.B Stock

According to Spark, TipRanks’ AI Analyst, TSE:TECK.B is a Neutral.

Teck Resources’ overall score is driven by strong earnings call highlights, including a strategic merger and improved financial performance. However, concerns about valuation and cash flow management, along with operational challenges, temper the outlook.

To see Spark’s full report on TSE:TECK.B stock, click here.

More about Teck Resources

Teck Resources Limited is a prominent company in the mining industry, primarily focusing on the extraction and processing of critical minerals. The company is headquartered in Vancouver, Canada, and is known for its significant contributions to the mining sector, particularly in Canada and British Columbia.

Average Trading Volume: 1,247,303

Technical Sentiment Signal: Buy

Current Market Cap: C$29B

For an in-depth examination of TECK.B stock, go to TipRanks’ Overview page.

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