China Demands Copper Supply Commitments for Anglo Teck Merger Approval
The proposed merger between Anglo American and Teck Resources, set to form “Anglo Teck,” faces a new hurdle. China’s State Administration for Market Regulation (SAMR) has requested a commitment from Anglo American to ensure a steady supply of copper concentrate to China. This condition is a direct response to China’s worsening copper feedstock shortage and its strategic efforts to secure raw materials for its smelting sector.
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