Anglo-Teck Vancouver Headquarters Is a ‘Perpetual’ Commitment

(Bloomberg) – According to Jonathan Price, General Manager of TECK, Anglo American PLC and Teck Resources Ltd.

“The existence of the global center of Anglo Tech, a permanent commitment,” said Price on Wednesday, “the commitment we have made to Canada and the global center of Anglo Tech.

The UK -based Anglo will need to obtain regulatory approval in countries, including Canada, in one of the largest mining agreements in one of the largest mining agreements for more than a decade. Last year, Canada said that the major mining companies in the production of critical goods would approve foreign acquisitions “under the most exceptional conditions”.

“Great for the country,” Price said, “The country was founded in Vancouver with the presence of most senior executives.

When asked whether there is a set of mishaps in the copper mine in Chile, TECK is asked if there is a driver for the process, Price said, iz We are completely confident that we will overcome these difficulties ..

“Now the reason for doing this is that these opportunities do not come too often,” he said. “You have to take over them when you see them.”

If approved by the regulators, the purchase is expected to close within 12 to 18 months.

Price said the two companies have spoken to investors around the world and announced that they have collected feedback. Although these speeches are very preliminary, there is a real recognition here for the industrial logic of this and the quality of the work we have created. ”

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