Anglo American CEO Duncan Wanblad said the company will not move its headquarters to Canada as it seeks approval from the federal government for its acquisition of Teck.

The head of Anglo American PLC says the British mining company isn’t willing to redomicile to Canada, as Ottawa asks for more concessions around its proposed acquisition of Teck Resources Ltd.

London-based Anglo has already made a slew of promises as it attempts to win approval from Ottawa for the US$20-billion deal which was announced last week. Those commitments include moving its global headquarters to Canada and changing its name to Anglo Teck. The company also promised to relocate many of its high-ranking personnel to Canada, including chief executive officer Duncan Wanblad, and chief financial officer John Heasley.

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