Rio Tinto and Glencore held talks about combining their businesses

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Financial Times 22h ago

Rio Tinto and Glencore held talks about combining their businesses - Financial Times

Quick Summary:

Bloomberg first reported that Rio and Glencore had discussed combining their businesses.

An activist shareholder campaign is also pushing for Rio to move its primary listing from London to Sydney in order to enable more share-based deals in the future.

BHP was interested in Anglo’s copper mines, among other things, because the metal is used in renewable energy projects and electric vehicles.