Glencore looms over Anglo-Teck's $1.4B copper prize: FT

Glencore’s 'hardball' negotiators threaten Anglo-Teck merger gains - FT (GLCNF:OTCMKTS)

Glencore is threatening to frustrate Anglo American's efforts to reap the benefits of its merger with Teck Resources as part of negotiations over how to integrate copper operations in Chile.

Glencore holds key to $1.4 billion prize in $50 billion deal reshaping South African-founded Anglo

Glencore has emerged as a crucial powerbroker in Anglo American’s $50 billion merger with Teck Resources because one of the transaction’s most valuable benefits cannot be delivered without the Swiss commodity group’s cooperation.

Glencore looms over Anglo-Teck's $1.4B copper prize: FT

Glencore (LSE: GLEN) could complicate Anglo American’s efforts to capture the biggest gains from its $53-billion merger with Teck (TSX: TECK.A TECK.B, NYSE: TECK) as the miners negotiate how to... The post Glencore looms over Anglo-Teck’s $1.4B copper prize: FT appeared first on The Northern Miner.

Copper consolidation: Anglo Teck’s $1.4bn question

Copper has become one of the defining themes of the mining sector. Demand is expected to rise as electrification, grid

Glencore holds whip hand in Anglo-Teck copper JV

GLENCORE is emerging as the pivotal, and potentially obstructive, party in Anglo American’s attempt to unlock the full value of its $50bn tie-up with Teck Resources, as talks over combining neighbouring Chilean copper mines drag on. Anglo is aiming to complete the merger, unveiled last September as the sector’s largest in years, as soon as […] The post Glencore holds whip hand in Anglo-Teck copper JV appeared first on Miningmx.