LSE:RIOMetals and Mining
Potential Rio Tinto Glencore Merger Puts Valuation Gap And Regulation In Focus
Rio Tinto Group (LSE:RIO) and Glencore are in early merger talks that could combine the two miners into what would be the largest global mining group.
The potential deal is expected to attract close review from regulators, especially in China, focused on copper and iron ore market concentration.
Analysts expect the talks to involve possible asset sales, including coal operations, to address competition and ownership concerns.
Chinalco's position as a key Rio Tinto shareholder is likely to be...