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.
People’s Daily (July 6, 2009) – China’s Shenhua Group is expected to invest 36 billion yuan (5.27 billion U.S. dollars) over the five years to expand coal production capacity in Xinjiang Uygur Autonomous Region, a company executive said Saturday.
