Glencore Goes Shopping Again, Copper in Hand - Moby THE GIST Glencore’s $260 billion tie-up with Rio Tinto fell apart, but the appetite for scale clearly did not. Chief executive Gary Nagle is still talking like a man who believes mining needs bigger platforms to matter in a copper-hungry world. If the mega-merger is off, the megaphone is still on. WHAT HAPPENED Two weeks after merger talks with Rio Tinto collapsed, Nagle resurfaced with a familiar message. Consolidation still makes sense. Glencore will ...