If Teck unveils SC, especially with Newmont as a partner, would that make a Teck takeover more difficult as its a bigger play?

Canadian federal govt just strongly indicated only under "exceptional circumstances" would it entertain a takeover. IIFC, Glencore deal had a condition that it had to "stand down" for a year for any Teck offers.I don't think this means Teck/Keevil wouldn't entertain other offers...or mergers...and indicated as such during Glencore takeover attempt....but now such M&A would have to pass stricter muster, as Champagne has just said publicly.

Speculation: I think Teck privately helped sell the Glencore deal to the feds and in return said it would go big in BC with SC/Galore and max out on incentives/tax breaks in Canada/US. The SC 2 year environmental baseline will be up in January 2025, and we have the much overdue meta/etc results. Theoretically, Teck will want CUU out of the way to move forward with a partner of its choice at SC more than ever now that these "big pieces" seem to be in place.

K