Shareholders of Anglo American and Teck Resources have approved the proposed merger of equals that will create Anglo Teck, a new Canada-headquartered critical minerals company positioned to become a top five global copper producer.
Teck confirmed the results following its special shareholder meeting, with the full voting report to be posted on SEDAR+ and EDGAR.
Duncan Wanblad, CEO of Anglo American, said the strong shareholder and stakeholder backing marks a major step toward building Anglo Teck. He noted that the merged entity will unite complementary strengths, unlock industrial and operational synergies, and provide investors with more than 70% exposure to copper. Wanblad added that the merger offers both near-term value and long-term growth potential tied to rising global demand for critical minerals.
Both companies will continue working with regulators through 2026 to secure required approvals. The transaction remains subject to customary conditions, including clearance under the Investment Canada Act and competition reviews in multiple jurisdictions.
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