However, Glencore’s offer to Teck has spurred up a call to keep Canadian assets in Canada.
Kukielski said there is a potential for some of the mid-size copper companies to come together to create one mega copper company. “I would certainly like to put them together,” he said.transition. With aging mines and newer mines taking at least a decade to come into production, the price of the commodity is expected to go up.
Analysts from RBC securities earlier this month said that the volatility in copper prices could create M&A opportunities and consolidation among copper miners.have bought copper assets in Australia and Canada to bulk up their production. For Hudbay the aim is to triple its copper production by the end of the decade, which it is planning to achieve through mergers or acquisitions and not by organic growth.Checking box will enable automatic data updates.