fromLondon Business News | Londonlovesbusiness.com
1 day agoHow the proposed merger between Rio Tinto and Glencore could affect London - London Business News | Londonlovesbusiness.com
This possible deal was confirmed by Rio Tinto recently, with a statement confirming that it was engaged in discussions with Glencore with a view to combining "some or all of their businesses". The wide nature of this statement has led to intense speculation about what it could mean for the global markets, particularly copper. These same companies were locked in talks a year ago, but it ended with no agreement being reached.
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