LondonChina demands copper guarantees for Anglo Teck merger, three sources say.
Beijing holds an effective veto as a major buyer of both miners’ copper.
China’s smelters refine up to 60% of the world’s copper and face their worst concentrate shortage in decades.
Anglo American says it is making good progress, and the remedies sought include no asset sales yet.
Both miners expect the $54bn deal to close by March 2027.
How each outlet framed it
- Reuters
- emphasizes China refines 60% of global copper cathodes while facing worst feedstock shortage in decades, cites Chinese smelter feedback driving behavioral remedies
Sources: Reuters