ANGLO AMERICAN to acquire TECK

Anglo American has agreed to acquire Teck in a transaction announced on 5 January 2026. The deal involves entities operating within the mining and metallurgy sectors, specifically covering activities related to iron and steel production, non-ferrous metal smelting, and basic chemical manufacturing. No specific financial consideration or deal value was disclosed in the available information, and the precise structure of the acquisition remains undefined.

The transaction is currently subject to regulatory approval and is listed as being in review. Completion has not yet occurred, and no further details regarding the finalisation of the agreement have been reported. The parties continue to navigate the necessary regulatory processes before the deal can be finalised.