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.
Caterpillar is building on its Bucyrus acquisition with the recent signing of another contract to deliver an automated longwall coal plow system to Chinese company Gasification Co part of Lvliang Dongyi Group. The system marks the 11th plow system from…