BHP Group, Rio Tinto Stocks Decline as Anglo American, Teck Reach Merger Agreement

BHP Group and Rio Tinto shares fall as Anglo American and Teck reach merger deal. BHP Group is the world's leading mining group with net sales broken down by family of products, including iron ore, copper, coal, and other products. Net sales are distributed geographically across various regions.

BHP Group (BHP) and Rio Tinto (RIO) shares fell on September 9, 2025, following the announcement of a $53 billion merger between Anglo American (AAL.L) and Teck Resources (TECKb.TO) Anglo American to combine with Canada's Teck Resources in $50 billion deal^[1]. The merger, expected to be completed within 12-18 months, will create the world's fifth-largest copper company.

The combined company, Anglo Teck, will be headquartered in Canada with a primary listing in London. Anglo American will own approximately 62.4% of the new entity, while Teck Resources will hold 37.6%. The merger is expected to generate annual cost savings and efficiency gains of $800 million by the fourth year after completion Anglo American to combine with Canada's Teck Resources in $50 billion deal^[1].

BHP Group, the world's leading mining group, operates globally with a significant presence in Australia, China, Japan, South Korea, India, and other regions. Its net sales are broken down as follows: iron ore (44.7%), copper (25.9%), coal (9.8%), and other products (1.5%) Shares of Top Miners Mixed as China's August Iron Ore Imports Rise^[2]. The merger between Anglo American and Teck Resources could prompt BHP to explore further consolidation in the copper market, as the company has previously shown interest in acquiring Anglo American and Teck Resources Anglo-Teck proposed merger could break mining ...^[3].

Rio Tinto, another major mining player, has also faced setbacks in its acquisition attempts. The company was involved in talks with Glencore and Rio Tinto for a potential merger, which ultimately fell through Anglo-Teck proposed merger could break mining ...^[3]. The Anglo-Teck merger may encourage Rio Tinto to consider other consolidation strategies to remain competitive.

The merger is expected to have a significant impact on the copper market, as demand is forecast to rise sharply due to the electric vehicle boom and emerging uses such as AI-powered data centers Anglo American to combine with Canada's Teck Resources in $50 billion deal^[1]. Investors have expressed broad support for the deal, with Anglo shares rising 9% and Teck stock up 14% after the announcement Anglo-Teck proposed merger could break mining ...^[3].

References:
Anglo American to combine with Canada's Teck Resources in $50 billion deal^[1] Reuters. (2025, September 9). Anglo American and Teck Resources announce $53 billion merger. Retrieved from https://www.reuters.com/world/uk/anglo-american-combine-with-canadas-teck-resources-50-billion-deal-2025-09-09/
Shares of Top Miners Mixed as China's August Iron Ore Imports Rise^[2] Marketscreener. (2025, September 9). Shares of top miners mixed as China's August iron ore imports rise. Retrieved from https://www.marketscreener.com/news/shares-of-top-miners-mixed-as-china-s-august-iron-ore-imports-rise-ce7d59ded881f523
Anglo-Teck proposed merger could break mining ...^[3] Reuters. (2025, September 9). Anglo-Teck merger could trigger rival actions, investors say. Retrieved from https://www.reuters.com/world/americas/anglo-teck-proposed-merger-could-break-mining-consolidation-deadlock-2025-09-09/