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Market Chatter: China Asks Anglo American to Guarantee Copper Concentrate Supply for Teck Merger Approval

MT Newswires·10/02/2026 09:52:12
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09:52 AM EDT, 10/02/2026 (MT Newswires) -- China's antitrust regulator asked Anglo American (AAL.L, AAM.SW, AGL.JO) for assurances to provide a steady supply of copper concentrate in exchange for approval of its proposed merger with Teck Resources, Reuters reported Friday, citing three people aware of the development. China's State Administration for Market Regulation reportedly wants those assurances to cover volumes ⁠sold through traders, following feedback from Chinese smelters. The Chinese regulator, Anglo American and Teck Resources did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)