Ticker: TECK

Anglo American is set to offload its Australian steelmaking coal operations to Indonesia's Dhilmar Ltd for up to $3.875 billion, aiming to reduce debt and focus on copper and critical minerals ahead of a merger with Teck Resources.

Anglo American (AAL) and Teck Resources (TECK) to merge into Anglo Teck in an all‑share deal, creating a copper-focused group with market cap >$53B; Anglo 62.4%/Teck 37.6%, $4.5B special dividend, $800M savings by year 4; 12-18m approvals.