Anglo -Americans announced on Tuesday the agreement on the merger with the Canadian Teck resourcesThe fact that is the largest operation of merger and acquisition of the mining sector for more than ten years. The Union of both companies brings together a global portfolio where copper, key metal for energy transition, enlargement of electric cars and increasing demand at the data centers enhanced by artificial intelligence.
With this merger, the new company reaches the exhibition in copper more than 70%, strengthening its central actor in the supply of critical minerals. The operation rethinks the world mining map and means precedent in the consolidation of the sector, in a context in which the energy transition multiplies the relevance of strategic metals.
Copper assets in Peru and Chile
Copper is the main engine of income and benefits for both mining companies. Among his most wonderful operations – projects in Peru and chilliTwo of the world’s largest manufacturers:
- Quellaveco (Peru): Anglo American has 60% of this open mine in Moquegua, which started commercial production in 2022 and is considered one of the lowest costs in the world.
- Collahuasi (Chile): Anglo controls the 44% of this Tarapak operation, sharing property with Glencore.
- Los -Bronze (Chile): Located in Andes, Anglo has 50.1% of the open sky.
- Soldier (Chile): Open work in Valparaíso, where Anglo supports 50.1%.
- Blank Quebrad (Chile): TECK is an indirect owner of 60% of this operation, one of the most current copper projects in northern Chile.
- Copper Highland -Vali (Canada): Text controls 100% of this mine in British Colombia.
- Antamin (Peru): TECK has 22.5% of this copper and zinc mine, which divides the operation with BHP, Glencore and Mitsubishi.
- Carmen de Andacola (Chile): TECK controls 90% of this operation in the Kakimbo region.
In 2024 Quellaveco reached production 306 300 tons of copperCollahuasi 245 800 tonsBronze 172 400 tons and Blanca Quebrada 208 000 tonsConsoling the new company as one of the red metal giants.
Other strategic assets
Fusion not only concentrates copper operations, but also other minerals and enterprises that diversify profits:
- Anglo -Americans Continue actively as King of iron ore In South Africa control over 85% Beer (diamonds) and The Woodsmith project The United Kingdom is focused on fertilizer. It is also involved in metallurgical coal, manganese and nickel.
- Teck resourcesMeanwhile adds zinc -shat The red dog In Alaska – one of the main in the world – and the complex Operations by trails In Canada, specialized in zinc and recycling and processing.
It is nearing 2026, the most important mining fair. Make sure your presence and leave your position today at: https://expomainPeru.com/land/notasrm.php
