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World's largest mining company maybe underway

Rio Tinto, the world's second-largest mining company, is again subject to talks of a potential merger with another mining company, Swiss-based Glencore.

The world's second-largest mining company, Rio Tinto, is yet again at the center of potential merger talks with another mining company, Swiss-based Glencore, as the latter has been testing the waters with Rio Tinto's largest investor - Chinese Chinalco - which owns 9.8 percent of Rio Tinto, reports Bloomberg News as the news outlet has spoken to unnamed persons familiar with the proceedings.

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