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LONDON - Anglo American plc has published a shareholder circular seeking approval for its proposed merger of equals with Teck Resources Limited, according to a press release statement issued Monday.
The merger, first announced on September 9, 2025, would create a new entity called Anglo Teck, described as a "global critical minerals champion" to be headquartered in Canada. The shareholder vote is scheduled for December 9, 2025, at 17:30 UK time.
Anglo American CEO Duncan Wanblad said the combination would "unlock outstanding value" through industrial synergies and enhance portfolio quality and strategic positioning.
The new Anglo Teck entity would become one of the world’s largest copper producers, alongside operations in premium iron ore and zinc, with growth opportunities in crop nutrients.
The merger requires approval from shareholders of both companies, with Teck also filing its circular on Monday for a special meeting scheduled for the same date as Anglo American’s general meeting.
According to the timetable outlined in the circular, the last day to trade shares on the South African register to participate in the general meeting is December 2, with the voting record time set for 18:30 UK time on December 5.
The merger announcement follows previous regulatory information disclosed by Anglo American on October 17, 2025. The circular is available on Anglo American’s website and will be accessible via the National Storage Mechanism in accordance with UK listing rules.
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