$50 Billion Copper Merger Could Spark Bigger Mining Deals
1. Teck and Anglo American merge due to strong copper demand. 2. 70% of future earnings from copper assets post-merger. 3. Anglo Teck to produce 1.2 million metric tons of copper annually. 4. Copper prices rose 35% over the past three years. 5. Mergers may spur other mining deals from major players.