LSE:GLENMetals and Mining
Glencore Rio Tinto Talks Put Coal Split And Copper Focus In View
Glencore (LSE:GLEN) and Rio Tinto have confirmed they are in preliminary talks about a potential combination of some or all of their businesses.
The discussions include options for Glencore's coal assets, such as a spin-off or sale, with the aim of creating a group that has a stronger ESG profile.
Any deal would face significant regulatory review, with China highlighted as a key jurisdiction.
The potential merger could create the world's largest mining company and influence global copper...