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Canada Says Anglo American’s Pledges to Secure Teck Resources Deal Not Enough



OTTAWA—Canadian Industry Minister Melanie Joly said she aims to deliver a decision in coming months on whether

Anglo American

AAL

1.57%

increase; green up pointing triangle can proceed with its takeover of Teck Resources TECK.B 2.87%increase; green up pointing triangle, but warned that the British miner’s pledges to date aren’t enough.

Under a revised Canadian industrial strategy, the government wants to maintain homegrown global companies with big Canadian headquarters, Joly said.

Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



OTTAWA—Canadian Industry Minister Melanie Joly said she aims to deliver a decision in coming months on whether

Anglo American

AAL

1.57%

increase; green up pointing triangle can proceed with its takeover of Teck Resources TECK.B 2.87%increase; green up pointing triangle, but warned that the British miner’s pledges to date aren’t enough.

Under a revised Canadian industrial strategy, the government wants to maintain homegrown global companies with big Canadian headquarters, Joly said.

Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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