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Glencore, Rio Tinto
Rio Tinto, Glencore discussing potential combination - Bloomberg
Rio Tinto (NYSE:RIO) -2.3% in Thursday's trading following a Bloomberg report that the company has been discussing a potential business combination with Glencore (OTCPK:GLCNF) (OTCPK:GLNCY), in what could result in the mining industry's largest-ever deal and have the potential to reshape the global mining landscape.
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 industry’s largest-ever deal.Most Read from BloombergThese Homes Withstood the LA Fires.
Merging Giants: Rio Tinto and Glencore in Talks for Historic Deal
Rio Tinto and Glencore Plc are reportedly in early discussions to amalgamate their iron ore businesses. Such a merger could become the largest mining deal, potentially reshaping the industry. Both companies have not yet commented on the negotiations,
Rio Tinto, Glencore are said to discuss potential merger, Bloomberg News reports
Rio Tinto, and Glencore Plc have been discussing combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter. Both the firms, which are among the world's largest iron ore miners,
PRESS: Rio Tinto and Glencore in potential merger talks - Bloomberg
Rio Tinto is British-Australian multinational company that is the world's second-largest metals and mining corporation. At Thursday's closing share price of 4,931.50 pence, it had a market value of GBP85.51 billion.
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 iron ore volumes dip on lower Chinese demand in final quarter
Mined copper volumes grew by 26% during the fourth quarter as Rio Tinto produced more high-quality ore in Chile and ramped up output at its Oyu Tolgoi project in Mongolia, which is one of the world’s largest copper and gold deposits.
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.
2h
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 ...
22h
Rio Tinto releases fourth quarter production results
Rio Tinto Chief Executive Jakob Stausholm said: "Our operating performance in 2024 was good, consistent with our ongoing ...
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 ...
1d
Rio Tinto rises Wednesday, still underperforms market
Rio Tinto PLC RIO shares inched up 0.33% to £49.34 Wednesday, on what proved to be an all-around positive trading session for ...
1h
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 ...
7h
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 ...
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