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.
Orano and Mongolia’s state-owned MonAtom Group will together develop deposits holding an estimated 90,000 tons of uranium.
The EU is under growing pressure from businesses to foster the investment needed to build a sustainable economy and ensure access to key raw materials.
In recent weeks US prices for gold, silver and other metals have surged above other international benchmarks.