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Glencore Eyes Rio Tinto Acquisition; Largest Integrated Mining Company Ahead?

2014-10-07 06:37:10| Paper - Topix.net

Just a few short years after the Glencore/Xstrata merger, rumor has it that commodities giant, Glencore is honing in on is next acquisition target: Rio Tinto . News of the potential merger circulated on Monday with word that the commodities trader reached out to Chinalco, China's state-backed aluminum company and Rio's largest shareholder, to gauge interest in the deal.

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