A New Copper King Is Forged
Regulators hold the hammer, but the proposed Anglo-Teck merger aims to create a $90 billion giant to power the energy transition—and control the future of everything from EVs to AI.
The proposed merger of equals between Anglo American plc (“Anglo”, LON: AAL) and Teck Resources Ltd. (“Teck”, TSX: TECK.A/TECK.B, NYSE: TECK) represents the most significant consolidation in the global mining sector since the peak of the commodities supercycle. This transaction creates a new leader in future-facing commodities, Anglo Teck, strategically…