Anglo American to Acquire Teck Resources in Second-Largest Mining Deal

The new combined Anglo Teck group will have a market value of more than $53 billion.

9/9/2025|Updated: 9/9/2025

London-based global miner Anglo American on Sept. 9 announced it would merge with Vancouver’s Teck Resources, the companies said in a joint statement.

The deal will create one of the world’s largest copper producers, with a combined market value of more than $53 billion, ranking it second only to Glencore’s $90 billion merger with Xstrata in 2013.

Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.