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.
BHP has issued the long awaited Draft Environmental Impact Statement (EIS) for its Olympic Dam project in South Australia. Industry experts have guessed the proposed expansion could cost between AU$10 and 15 billion.
