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Analysis-Anglo-Teck merger to unlock Chile mine synergies, if Glencore signs off
Yahoo Finance· 2025-09-18 06:03
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) -The proposed Anglo American-Teck merger has revived long-standing ambitions to share infrastructure at two major mines in northern Chile, but analysts say the plan could face hurdles to gain buy-in from Swiss miner and trader Glencore. Glencore is an equal partner with London-listed Anglo at Collahuasi, one of the world's largest copper deposits that sits about 10 kilometers (6.21 miles) from Canadian miner Teck's flagship Quebrada Blanca mine. ...