Glencore CEO Says Miners Must Do Deals After Rio Talks Fail

Glencore CEO Gary Nagle

Photographer: Jose Cendon/Bloomberg

Glencore Plc boss Gary Nagle said the world’s top miners must get bigger in order to make their voices heard, as the metals and commodities they produce become increasingly political.

“As an industry we need to be more relevant. Relevance and size is important,” Chief Executive Officer Nagle said as the firm announced full-year results. “All the companies are a little bit irrelevant.”