Rio Tinto And Glencore Test Investor Support For A Merger
1. Rio Tinto and Glencore's merger prospects appear bleak amid market skepticism. 2. Past merger attempts, like BHP and Anglo American, also failed. 3. A merger would control 7% of the global copper market, raising regulatory concerns. 4. Challenges include government approval and shareholder support due to coal assets overlap. 5. Investors are shifting focus to energy materials like copper and lithium.