Critical Minerals Boom Drives Mining Sector Consolidation ...Middle East

OILPRICE - Economy
Critical Minerals Boom Drives Mining Sector Consolidation
source : OILPRICE ( Middle East ) () 144
It seems like the mining sector is following in the footsteps of oil and gas with the era of the megamerger in full swing. There is great speculation about the potential merger between industry giants Rio Tinto and Glencore and expectations for more mergers across the board. Last week, it was widely reported that the British-Australian multinational Rio Tinto and Switzerland-based Glencore were in discussions over a potential merger. Rio Tinto is the world’s second-largest mining company, and Glencore is a major coal and copper miner, meaning…

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