$50-billion Anglo-Teck merger ‘great news’ for B.C., premier says - BNN Bloomberg
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Rolling outlet bias
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3,176 articles tracked
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Article Excerpt
The federal government has approved a massive $50‑billion merger between global mining giants Anglo American and Canada’s Teck Resources Limited. It’s a deal many expect will inject billions into the Canadian economy, with much of it earmarked for British Columbia.
Industry leaders say the move will cement Vancouver’s position as a global mining hub.
“This merger will establish Vancouver as the headquarters of one of the world’s largest critical mineral producers, as well as one of the top five copper producers in the world,” said Michael Goehring, president of the Mining Association of BC.
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