Freeport CEO Sees More Copper Deals After Glencore’s Teck Bid

Glencore Plc’s proposed $23 billion takeover of Teck Resources Ltd. is part of a copper consolidation trend that will yield more deals as investors demand growth in an industry struggling to tap new deposits, according to the world’s top publicly traded producer.

Freeport CEO Sees More Copper Deals After Glencore’s Teck Bid

Glencore Plc’s proposed $23 billion takeover of Teck Resources Ltd. is part of a copper consolidation trend that will yield more deals as investors demand growth in an industry struggling to tap new deposits, according to the world’s top publicly traded producer.