Xstrata shares climb on persistent Vale bid talk

LONDON (Reuters) - Shares in Anglo-Swiss miner Xstrata climbed as much as 3.2 percent on Wednesday, as traders cited persistent market talk of a bid from Brazilian mining giant Vale .

In January, Vale said it was in talks with Xstrata about a takeover, a deal that analysts said could top $100 billion.

(Reporting by Michael Taylor and Dominic Lau)