Glencore-Rio Tinto megamerger ‘hangs in the balance’ as deadline looms
Rio wants to hold both CEO and chair roles in combined company while Glencore holds out for premium
Rio wants to hold both CEO and chair roles in combined company while Glencore holds out for premium

Rio must make an offer next week or end talks on deal to create world’s biggest mining group

Swiss mining group reports first financial results since failure of tie-up talks

Discussions over a tie-up to create the world’s largest mining group come as race to secure copper reshapes the sector

The proposed $260bn tie-up would create the world’s biggest copper producer at a time of soaring demand for the metal

Revived attempt to create a $260bn megamerger underscores the desperate need for copper

Deal would have created world’s largest mining group