Anglo American and Teck Agree to Create $53 Billion Copper Giant Amid AI Boom
KEY TAKEAWAYS Anglo American has struck a deal to buy Canada’s Teck Resources, creating a $53 billion copper giant at a time when electricity demand by data centers to feed the AI boom is soaring. Copper prices have climbed about 15% since the start of the year, but have come off record highs after President Donald Trump’s […]
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