Teck Resources Limited and Anglo American plc have received regulatory approval from the Government of Canada for their merger, forming Anglo Teck, a global critical minerals champion headquartered in Canada. The merger includes commitments to spend at least C$4.5 billion in Canada within 5 years and a total of at least C$10 billion over 15 years. Additionally, Anglo Teck will establish a Global Institute for Critical Minerals Research and Innovation. The merger has been approved by shareholders and is subject to customary closing conditions. Anglo Teck will have its headquarters in Vancouver and listings on multiple stock exchanges.

Read more at GlobeNewswire: Teck and Anglo American receive Government of Canada