Rio Tinto explores potential mining mergers following the failure of BHP-Anglo takeover bid

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Mining giant Rio Tinto is reportedly considering a major takeover bid after BHP’s attempt to acquire Anglo American fell apart. According to sources, Rio has identified Teck Resources, a Canadian mining group, as one of the potential targets for its acquisition strategy. It is believed that Rio has prepared a detailed proposal for a potential bid for Teck, including discussions with banks for…

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