Rio Tinto and Glencore in Talks for Potential $260 Billion Mining Merger

A potential tie-up between Rio Tinto and Glencore would create a $260 billion mining giant, controlling iron ore, copper, and other metals. The combined company would have a broad mix of production and distribution, covering both ends of the supply chain. Talks are ongoing, with a focus on copper, as demand continues to rise and supply growth slows. The deal would bring commercial advantages, including a powerful commodity marketing and trading business.