Rio Tinto and Glencore Resume Merger Talks to Create Mining Giant
TL;DR Summary
Rio Tinto is rekindling talks with Glencore for a potential $260 billion megamerger aimed at creating the world's largest mining group, focusing on copper assets amid sector consolidation and strategic growth in critical metals for the energy transition.
- Rio-Glencore talks highlight ‘bigger is better’ mining mantra Financial Times
- Glencore and Rio Tinto Restart Talks to Create a Mining Giant The New York Times
- Glencore shares pop 10% as firm restarts mega-merger talks with Rio Tinto CNBC
- Rio Tinto Said to Be Open to Owning Coal If It Buys Glencore Bloomberg.com
- Rio Tinto, Glencore Restart Talks to Form World’s Biggest Miner - WSJ The Wall Street Journal
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