You Should Know This: Glencore seeks Chinalco to merge with Rio Tinto

Glencore - Rio Tinto Merger
Glencore – Rio Tinto Merger

Glencore has been preparing for a possible merger with Rio Tinto next year, a deal that could create the largest mining company in the world, valued at $ 160 billion, as reported in September. The company sought Chinalco, Rio Tinto’s major shareholder, to inform its interest in a deal. The information was recently released to Bloomberg by sources familiar with the matter.

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