Sep. 9 at 12:33 PM
🔥Copper mega-merger alert!
$TECK ripped +17% premarket after sealing a deal with Anglo American to form a
$50B copper giant 🪙⚡. The new “Anglo Teck” will become the world’s #3 copper producer, uniting massive Chilean mines + targeting
$800M in annual savings.
With green energy fueling insane copper demand, this merger puts
$TECK front and center in the global critical minerals race. Shareholders score 1.33 Anglo shares per TECK share, while Anglo pays a
$4.5B dividend to its own holders.
The move marks a huge bet on copper’s future—and a bold play after fending off takeover attempts from
$BHP and
$GLNCY. 🚀
Are you buying into the copper supercycle with
$TECK?
