Canada announces national security review for proposed Teck-Anglo merger.

National Security Review: Canada will conduct a national security review of the proposed $53 billion merger between Anglo American and Teck Resources, with a decision expected in the coming months.

Impact on Critical Minerals: The review will assess the merger's potential effects on critical minerals and supply chains, particularly since copper and germanium are classified as critical minerals in Canada.

Regulatory Requirements: The merger requires approval from multiple regulators due to its size, and Canada has recently tightened rules regarding foreign acquisitions to safeguard national security.

Shareholder Vote: Teck shareholders are set to vote on the merger on December 9, with a proxy advisory firm recommending approval of the deal.