Glencore mulls ASX listing in wake of value gap that foiled Rio merger

Glencore mulls ASX listing in wake of value gap that foiled Rio merger

A secondary listing of its shares in Australia could push up the valuation of the commodities giant, CEO Gary Nagle said.

Glencore floats surprise ASX listing

Image: Dennis/Adobestock.comGlencore is open to considering a listing on the ASX if it proves beneficial to the company, according to comments from chief executive Gary Nagle. As reported by reported by Reuters and the Australian Financial Review, the potential move comes in the wake of collapsed merger talks with mining major Rio Tinto earlier this year and could provide Australian investors with another major diversified miner alongside Rio an…