Glencore operates the Collahuasi copper mine with Anglo, who’s deal to buy Teck will also give it control of the nearby Quebrada Blanca project. Photo by Handout/Teck Resources/Postmedia files
Glencore PLC said it would seek to keep an equal share of its copper joint venture with Anglo American PLC in Chile should it merge with a neighbouring mine owned by Teck Resources Ltd. after the two rivals combine operations.
“We won’t be a junior partner,” Glencore chief executive Gary Nagle said during an investor presentation. Nagle said that, should there be a future combination, Glencore could put some cash in to keep its share equal.
Teck and Anglo shareholders are due to vote this month on a mega deal to create a copper-rich mining giant, with the two coveted mines in Chile as a

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