Codelco's chairman Maximo Pacheco speaks during a session of the senate's mining commission, at the Congress in Valparaiso, Chile August 20, 2025. REUTERS/Rodrigo Garrido/File Photo

SANTIAGO (Reuters) -The agreement between Anglo American and Teck brings together assets of "extraordinary value," the chairman of Chile's state-run copper producer Codelco, Maximo Pacheco, told Reuters on Tuesday.

London-listed miner Anglo American and Canada's Teck Resources announced their merger earlier on Tuesday, in what would be the biggest mining sector M&A deal in over a decade.

Codelco is Teck's partner in Quebrada Blanca and Anglo American Sur.

Anglo American and Teck operate adjacent copper mines in Chile - Quebrada Blanca and Collahuasi - which are expected to deliver them operational benefits.

Pacheco said that Chile is consolidating with this agreement a global strategic leadership in copper.

(Reporting by Fabian Cambero; Editing by Louise Heavens)