Teck Deal With Anglo Faces Indigenous Challenge on Smelter Plan

(Bloomberg) -- An Indigenous group in Canada vows to bring political and legal challenges against Teck Resources Ltd.’s merger with Anglo American Plc, unless the companies consult with them over expansion plans for a smelter in southern British Columbia. Teck’s zinc-and-lead smelter in Trail, BC, is on lands that are the responsibility of the Osoyoos Indian Band, according to Chief Clarence Louie. He said Teck hasn’t meaningfully talked to the group about its proposed merger and investments for the Trail ...