The Anglo American–Teck merger has set the stage for one of the most powerful forces in global copper supply, with data showing the combined company is poised for long-term growth.
In a new analysis from Wood Mackenzie, senior analyst Kate Abernethy explores the merger’s impact on copper production and future market dynamics using insights from the firm’s Lens Metals & Mining data platform.
“The combined copper production of Anglo American and Teck reached just under one million tonnes last year, with strong production expected to continue,” Abernethy said.
The data shows that synergies between the companies’ major South American assets, including Collahuasi and Quebrada Blanca, could deliver an additional 175 kilotonnes of copper per year from 2028, underscoring the operational strength of the merger.
Abernethy said Teck’s strong project pipeline as a driver of future growth, including Zafranal in Peru and San Nicolás in Mexico, offers future growth potential, though permitting timelines may shift during the transition.
Beyond South America, Highland Valley Copper in Canada is expected to add new production by 2027, complementing the merged company’s larger Chilean mines and reinforcing its presence across the Americas.
The analysis also underlines the strategic value of Lens Metals & Mining, which enables users to interrogate production, cost and forecast data across mines, companies and regions.
“Lens allows you to drill down into the data by mine, company, country, or region, and explore production, costs, and forecast insights across the copper market,” Abernethy said.
As global demand for copper accelerates alongside electrification and renewable energy growth, the Anglo–Teck merger represents a pivotal realignment in the sector, one that could reshape supply chains for years to come.
Visit Wood Mackenzie’s to discover more.
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