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Mining giants Rio Tinto, Glencore in merger talks
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 the sector’s most prominent players. Bloomberg News reported that the companies held preliminary talks regarding a tie-up,
Rio Tinto, Glencore discuss merger
Both Glencore and Rio own some of the best copper mines in the world. However, Rio — like BHP — still depends heavily on iron ore to drive its profits, at a time when China’s decades-long construction boom is drawing to an end and the iron ore market appears headed for an extended period of weakness.
Rio Tinto and Glencore merger talks end without agreement
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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 ...
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Rio Tinto-Glencore, Bumble CEO, airline downgrades: Top Stocks
Mining giants Rio Tinto (RIO) and Glencore (GLEN.L, GLNCY) discussed a potential merger last year, as reported by Bloomberg, ...
devdiscourse
3d
Global Miners Eye Mega-Merger to Meet Copper Demand
Glencore and Rio Tinto engaged in brief merger discussions last year to potentially boost their copper assets amidst growing ...
1d
Glencore’s M&A bind requires bold coal cleanup
Gary Nagle is facing a tricky situation. The Glencore CEO has a mix of copper mines, which everyone wants, and a giant coal ...
3d
Mining giants plot £130bn mega-merger to ride net zero commodity boom
Two of the world’s largest miners are plotting a £130bn mega-merger to ride the net zero commodity boom. Rio Tinto and ...
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