Rio Tinto and Glencore in Talks to Form the World's Largest Mining Company

A global rush for copper and other metals drives the return to large acquisitions in the industry. Rio Tinto (i) and Glencore are in talks over a deal that could create the world's largest mining company with a market value of over $200 billion. The background is the rush for copper and other metals, which is triggering a return to large acquisitions in the industry. Glencore and Rio Tinto independently confirmed that discussions are ongoing regarding an all-stock transaction. This revisits a merger that was first discussed about a year ago...