A person familiar with this matter stated that Glencore had approached Rio Tinto in late 2013 about merging the two major copper producers.
A merger with Glencore would give Rio a stake in the Collahuasi copper mine in Chile, one of the world’s richest deposits.
The Australian sharemarket slipped on Friday, as a pullback by the major banks offset gains across most of the market.
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer ...
Rio Tinto supposedly entertaining a tricky $255 billion deal shows how keen it is to wean itself off WA’s iron ore.
ASX bank stocks fell on Friday but mining stocks rose as talk of a potential mega merger between Rio Tinto and Glencore ...
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer ...
Reports are circulating that global mining majors Rio Tinto and Glencore have held talks about a potential merger that, if it were to happen, would create a business leapfrogging BHP to become the ...
The price of iron ore futures rose to a near four-week high on Thursday (16 January), as data showed signs of cooling ...
In terms of production: Q4 iron ore production from Pilbara operations reached 87.5 million mt, up 5% QoQ, down 2% YoY. Total production for 2023 was 332 million mt, up 2% YoY. In terms of shipments: ...
A Rio Tinto and Glencore $260bn mega-merger built around ambitions in copper would face major hurdles but remains a ...
RIO Tinto Group and Glencore have been discussing combining their businesses, which if successful would rank as the ...