Glencore Prepares for the Trade of All Trades With Rio Tinto

The potential combination of Rio Tinto Plc and Glencore Plc to create the world’s largest mining company is back on. There are some obvious reasons why a deal mooted so...

By Chris Hughes · Bloomberg

The potential combination of Rio Tinto Plc and Glencore Plc to create the world’s largest mining company is back on. There are some obvious reasons why a deal mooted so many times and for so many years is being reattempted now. But the bottom line is how good a price Glencore — a trader by DNA — can squeeze from its suitor.