Rio Tinto and Glencore spoke for months about deal that was once taboo
The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
Indonesia’s chief economic minister said a group of Russian investors plan to invest $3bn in a nickel smelter on Halmahera island with groundbreaking expected to start in the first half of 2011.
