Teck Resources Shareholders Approve Merger with Anglo American

Teck Resources ( ($TSE:TECK.B) ) has issued an announcement.

On December 9, 2025, Teck Resources announced that its shareholders overwhelmingly approved a merger of equals with Anglo American plc during a Special Meeting. This merger, which received 99.7% approval from Class A shareholders and 89.7% from Class B shareholders, aims to create ‘Anglo Teck,’ a global leader in critical minerals. The merger is expected to deliver long-term value through a robust copper growth portfolio and operational synergies, enhancing the company’s ability to meet the growing demand for critical minerals. The merger still requires regulatory approvals and is subject to customary closing conditions.

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 is a leading Canadian resource company that focuses on responsibly providing metals essential for economic development and the energy transition. The company has a portfolio of world-class copper and zinc operations across North and South America.

Average Trading Volume: 1,346,273

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$30.45B

For detailed information about TECK.B stock, go to TipRanks’ Stock Analysis page.