Glencore still harbours desires for Rio Tinto

Original article by Amanda Saunders
The Australian Financial Review – Page: 13 & 18 : 5-Jun-15

A merger with Rio Tinto remains on the agenda for Glencore, although the group has indicated that it would also favour acquiring Rio’s iron ore or coal divisions. Peter Freyberg, the head of Glencore’s coal division, has highlighted the potential synergies arising from thermal coal acquisitions or joint ventures in the Hunter Valley region of New South Wales.

CORPORATES
RIO TINTO LIMITED – ASX RIO, GLENCORE PLC, PEABODY ENERGY AUSTRALIA COAL PTY LTD, BHP BILLITON LIMITED – ASX BHP, THE MELBOURNE MINING CLUB

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s