The Latest Breaking News from TECK

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Rocket Companies, Inc. (NYSE:RKT) looks great and he is staying long on this stock. The stock has officially broken out, he added.

Anglo American Plc's (OTCPK:NGLOY) (OTCPK:AAUKF) bold tie-up with Teck Resources Ltd (NYSE:TECK) is shaping up to be more than just another mining merger—it's a copper power play that could redraw the global commodities map.

The tie-up is set to be the biggest mining sector merger in over a decade.

British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a multi-billion-dollar merger, creating a champion of copper production and other critical minerals.

Anglo American (OTC:NGLOY) and Teck Resources (NYSE:TECK) have agreed to combine forces in a $53 billion merger of equals that will create one of the world’s largest critical mineral producers. Anglo Teck, the new company, will have a headquarters in Vancouver and a primary listing in London, with additional listings…

The combined group will be headquartered in Vancouver, in Canada, but will retain it primary listing in London.

The combined group will be headquartered in Vancouver, in Canada, but will retain it primary listing in London.

Two of world’s largest copper producers to combine, retaining London listing but raising prospect of job cuts

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to Vancouver