Teck seeking infrastructure synergies with Anglo American in Chile

Canada’s largest diversified miner Teck Resources has entered into negotiations with fellow diversified miner Anglo American about the potential of building a shared port, in Chile, where both miners are considering expansions at neighbouring copper mines. Teck is currently mulling an expansion of the Quebrada Blanca mine, in Chile, as is Anglo American for its neighbouring Collahausi mine, which could result in two ports being built 5 km apart. “This is ridiculous. We’ve got to stop doing that as an industry, and so I’ve talked to [Anglo CEO] Mark Cutifani. Eventually, we will sort something out,” Teck CE Don Lindsay said during the British Columbia Association for Mineral Exploration Roundup conference, in Vancouver, on Monday.