Teck merger a ‘vote of confidence,’ says Eby, pitching B.C. as Canada’s ‘engine’

British Columbia Premier David Eby says the proposed merger between Teck Resources Ltd. and Anglo American PLC to create a $70 billion mining giant based in B.C. is a “vote of confidence” showing the province is a global hub for mining.

The premier says the merger will bring billions of dollars in investments to B.C., where his government is looking to mining to drive economic growth and provide revenues to help ease the cost-of-living “pinch.”

Eby says the proposed merger to create a company to be known as Anglo Teck makes it “the largest company in the history of British Columbia.”

His remarks alongside Teck president and CEO Jonathan Price came at a press conference marking the start of construction at the extension project for Teck’s Highland Valley Copper Mine west of Kamloops.

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