Teck(TECK)
Search documents
Teck Resources Shares Up 14% on Merger Deal With Anglo American
ZACKS· 2025-09-10 17:01
Core Insights - Teck Resources Limited (TECK) shares increased by 14% following the announcement of a merger with Anglo American plc (NGLOY) to form the Anglo Teck group, which aims to lead in global critical minerals and attract shareholders from both companies [1][9] Group 1: Merger Details - The new entity, Anglo Teck, will have over 70% exposure to copper and is projected to be among the top five global copper producers, featuring six world-class copper assets along with premium iron ore and zinc operations [2][3] - The merger is expected to generate approximately $800 million in annual pre-tax synergies within four years, with 80% of these synergies anticipated within the first two years through economies of scale and operational efficiencies [6] - Teck Resources will hold 37.6% of Anglo Teck, while Anglo American will retain 62.4%, with each Teck share exchanged for 1.3301 Anglo American shares, pending regulatory and court approvals [7] Group 2: Economic Impact - The merger is projected to boost Canada's economy with an investment of approximately C$4.5 billion ($3.25 million) over five years, focusing on extending the life of the Highland Valley Copper Mine and enhancing critical minerals processing capacity [4][9] - Anglo Teck plans to invest in new copper mines in Northwestern British Columbia and prioritize critical minerals exploration, innovation, skills training, research, and job creation in Canada [4] Group 3: Production Projections - The combined annual copper production is expected to rise from 1.2 million tons to 1.35 million tons by 2027, reflecting a growth rate of 10% [3] - The merger will also position the combined company as one of the largest zinc producers globally, with operations including the Red Dog mine in Alaska and the Trail Operations in British Columbia [3]
Teck Resources (TECK) Gets 11% Boost From $53-Billion Anglo Merger
Yahoo Finance· 2025-09-10 16:00
We recently published 10 Stocks With Eye-Popping Gains — 1 Surges 3,000%. Teck Resources Ltd. (NYSE:TECK) is one of the top performers on Tuesday. Teck Resources extended its winning streak to a third straight day on Tuesday, jumping 11.28 percent to close at $39.07 apiece after gaining shareholder support for its planned $53 billion merger with Anglo American PLC that would create the fifth largest copper producer globally. In a statement, Teck Resources Ltd. (NYSE:TECK) said that it officially reached ...
英美资源集团和泰克资源宣布合并
Shang Wu Bu Wang Zhan· 2025-09-10 15:24
Core Viewpoint - Anglo American and Teck Resources have announced a merger agreement to create a global giant in the critical minerals sector, named Anglo Teck, with an estimated market value of $50 billion [1] Company Summary - The new company will have a market capitalization of $50 billion and will be headquartered in Vancouver, with Anglo American holding a 62.4% stake and Teck holding a 37.6% stake [1] - Anglo Teck will become one of the top five copper producers globally, boasting a leading production portfolio that includes six world-class copper mines, as well as high-quality iron and zinc mines [1] Industry Summary - Both companies have significant assets in Chile, with Anglo American operating the Los Bronces and El Soldado copper mines and holding a 44% stake in the Collahuasi mine, while Teck operates the Quebrada Blanca and Carmen de Andacollo mines [1] - The merger will optimize operations at the Collahuasi and Quebrada Blanca mines, aiming to achieve an average of $1.4 billion in pre-tax EBITDA synergies annually from 2030 to 2049 [1]
Teck Resources (TECK) Surges 11.3%: Is This an Indication of Further Gains?
ZACKS· 2025-09-10 12:16
Group 1 - Teck Resources Ltd shares increased by 11.3% to $39.07, with a higher-than-average trading volume, compared to an 8.7% gain over the past four weeks [1] - The company announced a merger agreement with Anglo American plc to form the Anglo Teck group, aiming to create a global leader in critical minerals [2] - The merger will provide over 70% exposure to copper, positioning the combined entity among the top five global copper producers, with annual copper production projected to grow from 1.2 million tons to 1.35 million tons by 2027 [3] Group 2 - The merger is expected to yield approximately $800 million in annual pre-tax synergies within four years, with 80% of these synergies anticipated within two years due to economies of scale and operational efficiencies [3] - Teck Resources is projected to report quarterly earnings of $0.44 per share, unchanged from the previous year, with revenues expected to reach $2.21 billion, reflecting a 5.7% increase year-over-year [4] - The consensus EPS estimate for Teck Resources has been revised 11.5% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [5] Group 3 - Teck Resources holds a Zacks Rank of 3 (Hold), indicating a neutral outlook within the Zacks Mining - Miscellaneous industry [6] - Nexa Resources S.A., another company in the same industry, has seen a 25% increase in its consensus EPS estimate, reflecting a significant change of 400% from the previous year [7]
英美资源与特克资源两大矿企宣布将合并
Sou Hu Cai Jing· 2025-09-10 09:35
(央视财经《正点财经》)据路透社报道,英国矿业巨头英美资源集团和加拿大特克资源公司9日宣布将合并。若获得监管机构批准,这将成为全球矿业十 多年来最大规模的合并案。受这一消息推动,英美资源股价当天在伦敦股市收涨超9%,特克资源美股股价收涨超11%。 根据合并协议,合并后的企业拟命名为盎格鲁特克公司,总部设在加拿大,主要上市地点在英国伦敦。这两家企业的市值合计超过530亿美元。新公司 62.4%的股份将由英美资源集团原股东持有,其余37.6%由特克资源公司原股东持有。英美资源集团现任首席执行官万德昆将担任新公司首席执行官。英美 资源称,按照预期目标,合并后第四年可实现年节省成本8亿美元。 路透社报道称,这一合并意味着两家企业在铜矿领域下了"大赌注"。在全球电动汽车产业发展和建设数据中心的需求驱动下,业内预期对铜的需求将迅速增 长。 英美资源和特克资源在智利经营的铜矿区紧邻彼此。受外部收购尝试和行业战略转变驱动,英美资源与特克资源近年均经历了重大重组。近年来,不时有大 买家"看中"这两家矿企的消息传出。英美资源去年拒绝了澳大利亚必和必拓公司390亿英镑的收购要约。特克资源于2023年拒绝了瑞士嘉能可公司225亿美元 ...
必和必拓(BHP.US)重心转向内生增长 或无意介入英美资源与泰克资源(TECK.US)合并案
Zhi Tong Cai Jing· 2025-09-10 09:32
投资者及银行人士周三表示,全球顶级矿业公司必和必拓(BHP.US)正处于管理层变动期,当前核心战 略为扩充自有铜矿资产,因此不太可能中途介入英美资源与泰克资源(TECK.US)规模达530亿美元的合 并计划。 周二,伦敦上市的英美资源与加拿大泰克资源宣布合并事宜。此次交易将缔造一家以铜矿为核心业务的 全新全球矿业巨头,同时成为全球矿业史上规模第二大的并购案。 过去一年间,必和必拓采取了另一种策略:斥资20亿美元与加拿大伦丁矿业(Lundin)合作,共同持有阿 根廷两个铜矿项目的股权,其中包括Josemaria铜矿——该矿的开采年限于上月被延长了六年。与此同 时,必和必拓正全力提升智利顶级铜矿Escondida的产量。 对于是否会搅局英美资源与泰克资源的合并交易,必和必拓未予置评,但援引了公司首席执行官近期的 表态:并购仅是增长的诸多杠杆之一。 而就在一年多前,必和必拓曾提出以490亿美元收购英美资源,试图通过这一大型并购案增强其在铜矿 领域的储备——铜被视为能源转型进程中不可或缺的关键金属,但该收购提案最终未能成行。 管理层更迭可能是必和必拓推进大型并购的另一大障碍。今年3月,Ross McEwan接替执掌公 ...
Teck Resources Limited (TECK.B:CA) Anglo American And Teck Resources Merger Of Equals Conference Call Transcript
Seeking Alpha· 2025-09-10 08:13
Core Viewpoint - The conference call marks the announcement of a merger between Anglo American and Teck Resources, described as a merger of equals, indicating a strategic alignment between the two companies [1] Group 1 - The call is hosted by Duncan Wanblad, CEO of Anglo American, and Jonathan Price, President and CEO of Teck Resources, highlighting the leadership from both companies in this significant event [1] - The conference call is recorded on September 9, 2025, indicating the formal nature of the announcement and the importance of the date for stakeholders [1]
Ocado share price analysis: is this fallen angel a buy?
Invezz· 2025-09-10 08:11
Core Viewpoint - The Ocado share price has experienced a significant decline, transforming it from a leading UK company into a "fallen angel" [1] Group 1: Share Price Performance - Ocado's share price reached a record high of 2,913p in 2020 [1] - The current share price has plummeted to 306p, indicating a substantial decrease [1]
S&P 500: Eyes Set on PPI Data as Tech Stocks Support Market Momentum
Investing· 2025-09-10 07:36
Group 1: Market Overview - The S&P 500 index has shown fluctuations, reflecting broader market trends and investor sentiment [1] - Crude Oil WTI Futures have experienced price changes, impacting energy sector investments [1] Group 2: Company Analysis - Oracle Corporation's recent performance indicates growth in cloud services, contributing positively to its revenue [1] - Apple Inc continues to dominate the technology sector with strong sales figures, particularly in its latest product launches [1]
BHP seen as unlikely to pounce on Anglo or Teck as it eyes organic growth
Yahoo Finance· 2025-09-10 07:17
By Melanie Burton MELBOURNE (Reuters) -Top global miner BHP's focus on expanding its own copper assets while it undergoes leadership change means it is unlikely to gatecrash the planned $53 billion tie-up of Anglo American and Teck Resources, investors and bankers said on Wednesday. London-listed Anglo American and Canada's Teck Resources announced a merger on Tuesday, marking the sector's second-biggest tie-up ever, to forge a new global copper-focused heavyweight. The deal came just over a year after ...