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Euronews
Euronews
Eleanor Butler

Anglo American stock rises 9% after merger deal with Teck Resources

Anglo TECK Anglo American Teck Resources BHP Duncan Wanblad Glencore Mining

Investors reacted positively on Tuesday to the news that London-listed miner Anglo American will merge with Canadian copper producer Teck Resources.

Shares in Anglo American rose more than 9% after the companies shared the announcement earlier in the day, confirming earlier media reports.

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