Anglo American to Delist from Swiss Exchange Amid £7bn Woodsmith Project and Merger with Teck

Anglo American plans to delist from the SIX Swiss Exchange due to low trading volumes and regulatory burdens, amid a proposed merger with Teck Resources. The last trading day is set for June 25, with delisting effective June 26. The company is behind the £7bn Woodsmith project in North Yorkshire, which will transport polyhalite for fertiliser production. Anglo reported significant losses in 2025 and is restructuring its portfolio to focus on core segments.

Published Mar 24, 2026

Anglo American will delist from the SIX Swiss Exchange, effective June 26, following low trading volumes and a review of its global listings in light of a proposed merger with Teck Resources. The company is also developing the £7bn Woodsmith project in North Yorkshire, which involves a 37km tunnel for transporting polyhalite, a mineral used as a fertiliser.

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The merger is expected to create one of the largest copper producers globally. Anglo reported net losses of $3.7bn in 2025, largely due to a write-down of its De Beers diamond business. The company aims to simplify its portfolio, focusing on copper, premium iron ore, and crop nutrients.