Global mining giants Glencore and Rio Tinto have resumed potential mega-merger negotiations and are planning to establish the world's largest mining company. Nearly a year ago, the two companies had similar merger and acquisition negotiations, but in the end, they ended in failure. According to people familiar with the matter, the two sides are currently continuing negotiations on related transactions. If the merger is successful, a mining giant worth over $260 billion will be created. Currently, the global competition for copper resources is reshaping the entire mining landscape, and it is in this context that this merger unfolds. People familiar with the matter said that the merger plan between Glencore and Rio Tinto includes the option of a full merger, but the specific framework for the potential deal has not yet been determined.

Global mining giants Glencore and Rio Tinto have resumed potential mega-merger negotiations and are planning to establish the world's largest mining company. Nearly a year ago, the two companies had similar merger and acquisition negotiations, but in the end, they ended in failure. According to people familiar with the matter, the two sides are currently continuing negotiations on related transactions. If the merger is successful, a mining giant worth over $260 billion will be created. Currently, the global competition for copper resources is reshaping the entire mining landscape, and it is in this context that this merger unfolds. People familiar with the matter said that the merger plan between Glencore and Rio Tinto includes the option of a full merger, but the specific framework for the potential deal has not yet been determined.