
Canada approves $53B Anglo American Teck Resources merger
Canada has approved the $53 billion merger between Anglo American and Teck Resources under the Investment Canada Act, clearing a major hurdle for one of the largest deals in global mining. The decision underscores Canada’s strategic push to secure critical minerals—especially copper—by pairing foreign capital with binding commitments on domestic investment, jobs, Indigenous partnerships, and long-term resource development tied to the energy transition.












