Glencore (LON: GLEN) plans to seek a secondary listing in Australia to tap one of the world’s fastest-growing pools of mining capital, support its copper growth strategy and strengthen its position for potential acquisitions. The move also comes as the six-month standstill following Glencore’s unsuccessful merger discussions with Rio Tinto (ASX, LON: RIO) expires. Australia’s largest pension fund, AustralianSuper, said in May that a Glencore listing would benefit both the exchange and the company. Solaris Investment Management chief investment officer Michael Bell told Reuters his firm would welcome another major mining company on the ASX. Some fund managers, however, questioned whether Glencore could build sufficient trading liquidity without issuing new shares or pursuing a major transaction.