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Anglo American-Teck Resources global merger receives Australian approval

( November 18, 2025, 06:16 GMT | Official Statement) -- MLex Summary: Anglo American’s global merger with Canadian mining company Teck Resources has been swiftly approved by Australia’s competition regulator. The Australian Competition & Consumer Commission announced on Tuesday that it had given the deal the green light, well ahead of the Dec. 5 deadline under the country’s new mandatory-notification regime. In its Phase 1 determination, the regulator said it didn't find any horizontal overlaps or vertical relationships between the two companies in the supply of goods and services in Australia. “Neither Anglo American nor Teck Resources has copper mining or production activities in Australia, nor do they supply any copper products, molybdenum or sulfuric acid to customers in Australia,” the decision says.The determination is attached. ...

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