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Glencore, Rio Tinto
Rio Tinto, Glencore held merger talks last year, source says
Glencore and Rio Tinto held early-stage merger talks last year, but the discussions are no longer active, a source familiar with the matter told Reuters, as global miners rush to boost their exposure to copper.
Rio Tinto Shares Fall After Report of Glencore Deal Talks
Rio Tinto Group shares fell as much as 1.8% in Sydney after Bloomberg News earlier reported the world’s second-biggest miner held early-stage talks with Glencore Plc about a deal.Most Read from BloombergThese Homes Withstood the LA Fires.
Mining giants Rio Tinto, Glencore said to weigh $216 billion mega merger
Rio Tinto is the world’s second-biggest miner, with a market value of about US$103 billion ($140.8 billion) at the close of trading in London on Jan 16, while Glencore was valued at about US$55 billion. BHP is worth about US$126 billion.
Rio Tinto, Glencore in early-stage merger talks, Bloomberg News reports
Rio Tinto, and Glencore have held early-stage talks about combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter. The potential merger between the two mining heavyweights,
Rio Tinto, Glencore Discuss Potential Combination
Rio Tinto Group and Glencore Plc have been discussing combining their businesses, according to people familiar with the matter, in what could result in the mining industry’s largest-ever deal.Most Read from BloombergThese Homes Withstood the LA Fires.
Rio Tinto, Glencore would be a $260b mega-deal to worry Australia
The last time Rio Tinto and Glencore were caught in merger talks, it was all about iron ore. Australia, and the Pilbara, were at the heart of it. A decade later, it can only be about copper: copper, copper and more copper. Big miners globally want more copper.
Rio Tinto and Glencore held talks about combining their businesses
Rio Tinto and Glencore held talks last year about combining part or all of their businesses, in an indication of how the push by mining companies to secure metals needed for the energy transition has focused executives on large-scale deals.
Rio Tinto and Glencore discuss potential merger
Rio Tinto is the world’s second most valuable mining company and shares with its Melbourne-based neighbour BHP the distinction of being valued at more than $100 billion, but only just.
Rio Tinto, Glencore Are Said to Discuss Potential Combination
Rio Tinto Group and Glencore Plc have been discussing combining their businesses, according to people familiar with the matter, in what could result in the industry’s largest-ever deal and have the potential to reshape the global mining landscape.
Rio Tinto Slips After Report of Possible Glencore Merger
Rio Tinto's ADRs fell 1.9%, to $59.29, in afternoon trading Thursday. The early-stage talks between Rio Tinto and Glencore could result in the mining industry's largest-ever deal and reshape the global mining landscape,
Rio Tinto and Glencore discussed combining businesses, Bloomberg says
Rio Tinto (RIO) and Glencore (GLNCY) have been discussing combining their businesses, Thomas Biesheuvel, Dinesh Nair and Archie Hunter of
Rio Tinto’s Iron Ore Exports Slip
Rio Tinto’s Iron Ore Exports Slip as Copper Output Ramps Up
Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, as demand from China remained lackluster and production at some mines declined.
Rio Tinto’s iron ore shipments slip
Rio Tinto reports its lowest annual iron ore shipments in two years, partly as heavy rains in Western Australia impacted output in the December quarter, but says the global economy is showing signs of strength.
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, bauxite and made more aluminum.
6h
Rio Tinto falls Thursday, underperforms market
Shares of Rio Tinto PLC RIO inched down 0.05% to £49.32 Thursday, on what proved to be an all-around positive trading session ...
11h
Gunnison Copper and Nuton, a Rio Tinto Venture, to Receive US$13.9 Million in Tax Credits to Expand Made in America Copper Production at Johnson Camp
Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS) ("Gunnison") and Rio Tinto venture Nuton LLC have been selected to ...
1d
Rio Tinto and Ivanhoe Electric Acquire Land Positions on Eastern and Western Flanks of Intrepid Metals Corral Copper Property in Arizona
Intrepid is pleased that Rio Tinto, one of the world's largest mining companies and copper producers, has shown significant ...
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