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Anglo American keeps copper output steady as Teck merger nears and coal sale is planned in 2026

Market News
28 Apr 2026
Proactive Investors
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Bullish
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Anglo American maintained its full-year production and cost guidance after a solid first quarter, with copper output slightly up due to Chile's Los Bronces mine. The merger with Teck Resources is on track to complete between September 2026 and March 2027, pending final Chinese regulatory approval. The company plans to sell its steelmaking coal business in Q2 2026 and is progressing the sale of De Beers. Despite geopolitical pressures affecting diamond prices, Anglo American's supply chain remains stable amid Middle East conflict volatility.

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