Description
Did The Rio Tinto–Glencore Deal Fail Because Copper Is TOO Strategic?
Rio Tinto and Glencore walked away from merger talks that would have reshaped global copper supply. The deal collapsed over valuation, but the implications run deeper for how capital is flowing into critical minerals. The market’s first read is straightforward: price discipline won. What matters more is what this says about copper growth itself, and why even obvious strategic logic breaks down when supply realities collide with investor expectations.
