Anglo American’s merger with Canadian company-Teck Resources, is on track, to be completed between September 2026 and March 2027.
While both companies will operate separately until completion, integration planning is in its advanced stages.
This was confirmed by Duncan Wanblad, CEO of Anglo American, when he delivered Anglo American’s second quarter production report, ending on the 30 June 2026.
He also confirmed the sale of De Beers is progressing.
The company’s manganese ore production increased by 22% to 908,300 tonnes, due to higher operating levels following impacts of a tropical cyclone in Australia, which affected the comparative period.
Copper production was flat at 173,200 tonnes, due to higher throughput at Los Bronces, offset by processing lower-grade stockpile ore at Collahuasi and the anticipated lower grades at Quellaveco.
Its Premium iron ore production also decreased by 3% to 15.4 million tonnes, due to planned plant maintenance at Kumba and the impact of lower ore grade and mass recovery at Minas-Rio.
Rough diamond production increased by 88% to 7.8 million carats, primarily driven by extended maintenance at Orapa, which affected the comparative quarter and planned higher-grade ore at both Jwaneng and Gahcho Kué.
Steelmaking coal production was broadly flat at 2.0 million tonnes, primarily driven by expected difficult strata conditions at Aquila offset by the ramp-up of Moranbah North.
Nickel production also decreased by 4% to 9,100 tonnes, reflecting maintenance at Barro Alto and Codemin.