A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year’s $50 billion attempt by BHP ...

LONDON (Reuters) - Miner and commodity trader Glencore said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global copper producer.

Mining giant Rio Tinto and commodity major Glencore last year discussed a possible tie-up of their business, unnamed sources told Bloomberg, adding that the talks never yielded a deal. The report ...