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Rio Tinto and Glencore engaged in months-long discussions about a potential deal, which would mark a significant shift in their historically competitive relationship.
Rio Tinto and Glencore engaged in months-long discussions about a potential deal, which would mark a significant shift in their historically competitive relationship. While the exact nature of the talks remains unclear, the potential collaboration could reshape the mining industry, especially in areas like copper and other essential materials for renewable energy and electric vehicles. Analysts suggest this could challenge industry leader BHP Group by creating a powerful mining giant with expanded capabilities.