The global mining landscape is bracing for a seismic shift after Rio Tinto and Glencore confirmed they are in talks regarding a potential merger. A tie-up between the two FTSE 100 titans would create the world’s largest mining entity, boasting a combined enterprise value of approximately £190bn. Glencore shares rallied nine per cent in early trading to 449.20 but Rio Tinto took a six per cent tumble to 143.06p. The move comes amid a race to beef up critical metals, particularly copper, as the industry’s pivot toward an energy…
Hence then, the article about 190 billion deal would create world s largest mining entity was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( £190 Billion Deal Would Create World's Largest Mining Entity )