--Glencore's Chief Executive Gary Nagle is hopeful that a surge in coal prices will improve the chances of a tie-up with Rio Tinto, after talks collapsed in February due to disagreements over valuation, Reuters reports, citing three investors who met with leaders of both companies this week.

--Glencore believes higher coal prices and weakness in Rio Tinto's flagship iron-ore division will shift the relative value of the two companies and make a deal easier, Reuters reports, citing the investors.

--Representatives from Glencore and Rio ?Tinto declined to comment to Reuters.


Full story: https://shorturl.at/TFaSe


Write to Adam Whittaker at adam.whittaker@wsj.com


(END) Dow Jones Newswires

03-13-26 0738ET