Anglo American PLC NGLOY has received approval from the federal government to acquire Teck Resources Ltd. TECK-B-T, clearing another major hurdle for the deal to close.

London-based Teck in September announced it had reached an agreement to acquire Vancouver-based Teck in an all-stock deal worth roughly US$20-billion.

Shareholders at both Anglo and Teck approved the deal last week.

In a statement on Monday evening, Anglo said the federal government has now also given the deal the go-ahead.