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Teck open to deal with Glencore around combining Chile copper mines

Summary by The Globe & Mail
Switzerland-based Glencore in 2023 tried to buy all of Teck but ultimately walked away with only its coal business

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The Globe & MailThe Globe & Mail

Teck open to deal with Glencore around combining Chile copper mines

Switzerland-based Glencore in 2023 tried to buy all of Teck but ultimately walked away with only its coal business

·Canada
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Republic of MiningRepublic of Mining

Teck signals it’s open to deal with Glencore around combining QB2 and Collahuasi copper mines – by Niall McGee (Globe and Mail – February 21, 2025)

https://www.theglobeandmail.com/ Teck Resources Ltd. chief executive Jonathan Price indicated he is open to a tie-up with former foe Glencore PLC that would combine its giant QB2 copper mine in Chile with Glencore’s neighbouring Collahuasi operation. QB2 is the mine that underpinned Teck’s revamp to become a fully focused critical-minerals company after it sold its legacy ...

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The Globe & Mail broke the news in Canada on Thursday, February 20, 2025.
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