Miningweb: Anglo and Teck to merge into copper giant - definitive defence against BHP, Glencore

Key topics:

• Merger of equals: Anglo American and Teck combine to create Anglo Teck plc, with Anglo shareholders holding 62.4%.

• Copper powerhouse: Projected copper output of 1.2m tonnes annually, rising to 1.35m tonnes by 2027.

• Global commitments: HQ in Vancouver, listings in London, Johannesburg, Toronto, and New York, with binding pledges to Canada and South Africa.

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Miningweb Reporter