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Rio Tinto and Glencore are in preliminary negotiations that could lead to a merger, potentially creating the largest mining company in the world with a market capitalization exceeding $200 billion. The deal may involve a partial or full acquisition of Glencore by Rio Tinto.
“Both companies have confirmed that they are discussing the possibility of a deal that may involve a partial or full acquisition of Glencore's stake by Rio Tinto.”open.kg
Summarized from public sources; check the original articles before acting on it.