Anglo American and Codelco have signed a definitive agreement to coordinate operations at Los Bronces and Andina in Chile. The joint mine plan is expected to deliver an extra 2.7 million tonnes of copper over 21 years from 2030, lowering costs by around 15% and generating at least $5 billion in pre-tax value, shared equally between the partners...

Anglo American and Teck will combine in a merger of equals to form Anglo Teck, expected to provide more than 70% copper exposure and deliver US$800 million in annual pre tax synergies. A further average underlying EBITDA uplift of US$1.4 billion per year is targeted from 2030 to 2049 via Collahuasi and Quebrada Blanca integration...