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Canada to Review $53 Billion Mining Merger of Anglo American and Teck

By  |  September 15, 2025

Canada’s competition watchdog will scrutinize the proposed $53 billion merger between Anglo American and Teck Resources, according to Reuters. The Competition Bureau confirmed Monday that the deal will undergo a formal review to assess potential impacts on market competition.

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    “I can confirm that the proposed Teck-Anglo merger will be reviewed by the Competition Bureau,” Marianne Blondin, senior communications adviser at the bureau, said in an emailed statement.

    Anglo American, a British mining giant, announced earlier this month that it plans to merge with Teck Resources, one of Canada’s largest mining companies. If approved, the transaction would represent the second-largest deal ever in the global mining industry, per Reuters. Anglo currently owns a diamond mine in Canada, while Teck operates the Highland Valley Copper mine in British Columbia.
    The Competition Bureau’s review will examine whether the merger could reduce competition in the Canadian mining sector. As part of the process, the regulator will consult suppliers, competitors, and buyers to evaluate the potential economic effects, according to Reuters.

    Source: Reuters