LSE:RIOMetals and Mining
Rio Tinto And Glencore Talks Test Scale Versus Complexity In Mining
Rio Tinto Group (LSE:RIO) and Glencore are in early merger talks that could create the world's largest diversified miner.
The potential deal would combine major positions in copper, iron ore, and industrial metals into a single global player.
Regulators, particularly in China, are expected to scrutinise the transaction due to market concentration and ownership concerns.
Chinalco, Rio Tinto's largest shareholder, is reportedly open to supporting the deal, potentially via an asset for equity...