Loading ...Things are heating up in the mining industry consolidation/deal making…….
Anglo American and Teck Resources have agreed to merge in an all-share transaction to create “Anglo Teck,” a Canada-based miner set to become one of the world’s top five copper producers. The deal marks the largest mining M&A transaction in more than a decade and comes amid a global scramble for rare earth minerals, driven by data center buildouts, power grid upgrades, electric vehicles, and other electrification trends.