Glencore plc Joining A Bidding War For Rio Tinto plc’s Coal Would Be A Windfall For Rio Shareholders

Rio Tinto (LSE: RIO) doesn’t seem exactly wedded to its thermal coal business, so reports that Mick Davis’ X2 vehicle may be seriously considering a bid would make sense. But even better would be if the interest lures Glencore (LSE: GLEN) into the fray.

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Owain Bennallack owns shares in BHP Billiton. The Motley Fool UK owns no shares in any company mentioned in this article. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.