Iron ore market will not see a new global player
A Glencore-Rio Tinto merger looks increasingly unlikely, due to current iron ore market difficulties
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In this article
- Impediments
- Cultural impediments
- Courting Chinalco
- Antitrust concerns
- Market implications
- Outlook
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_350.jpg "CEO Ivan Glasenberg leaves after the annual shareholder meeting in the Swiss town of Zug (Reuters/Arnd Wiegmann)")