LSE:GLENMetals and Mining
Glencore Weighs Big Mergers As DRC Copper Plans Shape Valuation
Glencore (LSE:GLEN) confirmed it remains open to major mining mergers after ending talks over a potential $260b combination with Rio Tinto.
CEO Gary Nagle reiterated interest in large scale consolidation opportunities across the sector.
The company recently secured a land access agreement in the Democratic Republic of Congo that supports future copper operations.
Glencore is one of the largest global diversified miners, with exposure to commodities that tie directly into power,...