Glencore laying groundwork for potential Rio merger: sources

Glencore Xstrata PLC is laying the groundwork for a potential merger with Rio Tinto Group in the next year that would create the world’s largest mining company, worth about $160-billion, according to people familiar with the situation.

Read more at: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/glencore-laying-groundwork-for-potential-rio-merger-sources/article20943651/

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