![](https://www.mining.com/wp-content/uploads/2017/06/glencore-fights-back-sweetens-deal-rio-tintos-australian-coal-assets.jpg)
Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets
Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.