# Anglo American and Teck Resources to merge in merger of equals

Anglo American and Teck Resources agreed to combine in a merger of equals to form Anglo Teck, a global critical minerals champion. Anglo American shareholders will own 62.4% and Teck shareholders 37.6% of the new company. The merger is expected to complete in 12-18 months.

- Type: Acquisition
- Announced: 2025-09-09
- Where: Canada
- Status: announced
- Products: copper, iron ore, zinc
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Teck Resources](https://endata.com/companies/12522.md) (target)
- [Anglo American](https://endata.com/companies/15317.md) (acquirer)
- [Anglo Teck](https://endata.com/companies/87163.md) (partner)

## Sources

- [angloamerican.com](https://www.angloamerican.com/media/press-releases/2025/09-09-2025), 2025-09-09: "Anglo American and Teck announce they have reached an agreement to combine the two companies in a merger of equals to form the Anglo Teck group."
- [reuters.com](https://www.reuters.com/world/uk/anglo-american-teck-resources-merge-second-largest-mining-deal-ever-2025-09-09/), 2025-09-09: "Under the proposed deal, which will require regulatory approvals, Anglo American shareholders would own 62.4% of new company Anglo Teck, while shareholders in Teck would hold 37.6%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.