Mining firms Rio Tinto and Glencore explored a merger that could create the world's largest mining company.
Mining giants Rio Tinto and Glencore held early-stage discussions about a potential merger that could create the largest mining company, rivaling BHP Group. Though talks are not currently active, the deal would face challenges including Glencore's coal business. Glencore operates several mines and a smelter in Sudbury, employing over 1,200 people and supporting another 1,200 contractors.
2 months ago
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