Video | Analysing the potential of Glencore and Teck combining their copper operations

In our latest metals and mining video, we use our Lens Metals & Mining data analytics platform to analyse the potential benefits of operational collaboration between Glencore’s Collahuasi and Teck’s QB2 copper operations. We walk you through key insights on how shared infrastructure and integrated mine planning could enhance efficiency and unlock additional value.

Fill out the form at the top of the page to watch the full video and explore insights such as:

• The geographical proximity of QB2 and Collahuasi, along with their shared geological setting in the Collahuasi district, laying the foundation for strong operational synergies.
• A combined 2023 reserve grade of 0.88% for Collahuasi and QB2 - significantly higher than the industry average of 0.53-0.54% - providing a substantial reserve and resource advantage.
• Potential cost efficiencies and operational optimisation that could be achieved through integrated mine planning and shared infrastructure, creating benefits beyond the sum of the parts.
• The positioning of these operations on the global cost curve, with Collahuasi in the first quartile in 2024 and QB2 expected to improve significantly in the coming years.
• The broader trend of collaboration between neighbouring operations in the copper industry, as seen in agreements like Anglo American and Codelco’s MOU, aims to extract more value from existing operations amid declining grades and increasing cost and supply challenges across the industry.

For more insights on the operational collaborative opportunities between these copper mines - and to explore similar analyses for other operations using Lens Metals & Mining - please fill out the form at the top of the page to watch our full video analysis.

Learn more about Lens Metals & Mining

We uncovered the insights in this video using Lens Metals & Mining; our all-in-one platform that lets you unearth robust data analytics from mine to market. With over 3,330 assets encompassing mines, smelters, refineries and new projects across key mined commodities, Lens Metals & Mining allows you to identify, evaluate and screen for growth opportunities. Find out more about Lens Metals & Mining.