Hosted on MSN13d
Why Glencore-Rio Tinto merger buzz could signal a new phase of mining sector consolidation
The mining industry is on edge after reports surfaced of potential merger discussions between Rio Tinto and Glencore, two of ...
Mining Weekly13d
Rio Tinto and Glencore spoke for months about deal that was once taboo
When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few ...
Glencore Should Give Ground to Secure a Merger With Rio Tinto
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...
Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The talks between Rio, the ...
The Financial Times16d
Rio Tinto and Glencore held talks about combining their businesses
Simply sign up to the Mining myFT Digest -- delivered directly to your inbox. Rio Tinto and Glencore held talks last year ...
GlobalData on MSN16d
Rio Tinto and Glencore merger talks end without agreement
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Glencore should give ground to seal a deal with Rio Tinto
If either side needs to compromise on the takeover price to get a transaction done, it’s Glencore that needs to make ...
Could a Rio Tinto-Glencore Merger Supercharge the Race to Net Zero?
In 2023, the company spent $425 million on decarbonization projects, including transitioning mining equipment to renewable ...
NBC New York13d
Why merger mania is coming to the fore in the mining industry
A prospective merger between Rio Tinto and Glencore would rank as the mining industry's largest-ever deal. Analysts were broadly skeptical about the merits of a Rio Tinto-Glencore merger ...
Glencore Open to Deals as Investors Brace for More Mining M&A
LONDON (Reuters) - Miner and commodity trader Glencore said it is open to M&A transactions that create value for its ...
Reuters17d
Rio Tinto and Glencore discussed merger but talks no longer active, source says
He also noted a "definite culture clash" between the more conservative Rio Tinto and the more aggressive Glencore. Rio's U.S.-listed shares fell 0.5% in extended trading after the Bloomberg report ...