Jonathan Price

In the summer of 2026, as the final regulatory pieces of the Anglo American–Teck merger fell into place, Jonathan Price stood at an unusual intersection. He would soon step down as sole CEO of Teck Resources and become Deputy CEO and Chief Strategy Officer of the combined company, Anglo Teck — a Canadian-headquartered copper major designed to rank among the world’s top producers. The headquarters would remain in Vancouver. The leadership blend would place Anglo’s Duncan Wanblad as CEO and Price as the key continuity figure from the Teck side.

The arrangement was not without tension. Some Teck shareholders and Canadian stakeholders had questioned whether a “merger of equals” truly preserved national influence when the top job went to the larger partner. Price’s public stance was characteristically measured: the combination created a top-tier copper vehicle with world-class assets, meaningful synergies, and the scale to meet structural demand. For a man who had already fought off a hostile Glencore approach, sold the steelmaking coal business, and redirected Teck toward pure copper growth, the next chapter was less about personal title and more about delivering the copper the energy transition and AI infrastructure required.