Anglo American Results Highlight Need for Teck Merger -- Market Talk

Dow Jones

02/20

1237 GMT - Anglo American's 2025 earnings highlight the need to finalize its merger with Canadian copper miner Teck Resources, AJ Bell's Russ Mould writes. The red metal's crucial role in the manufacturing of electric vehicles and build out of artificial-intelligence data centers mean copper demand will continue to grow, Mould says. Anglo's results showed its copper production fell 10% last year. "This underlines why a tie-up with Teck might be needed to build out scale in production of the metal," he adds. Anglo shares rise 0.5% in London.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

February 20, 2026 07:37 ET (12:37 GMT)

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