Mining giants Rio Tinto and Glencore reportedly discussed a merger last year. The two companies held discussions as late as October last year, but they didn’t progress further, as first reported by the Financial Times.

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/2.C0R_MStN.js

GLENCORE approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a source familiar with the matter said. Read more at The Business Times.