Glencore, Rio Tinto

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 and Glencore merger talks end without agreement
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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Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.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 world's No.
Bloomberg Daybreak Asia: Rio Tinto-Glencore Talks
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Potential Rio Tinto-Glencore merger ‘a clash of cultures’
Rio Tinto and Glencore would face a clash of cultures if they pushed ahead with a merger that creates the world’s biggest mining group, analysts have said in the wake of reports of amalgamation talks.
Rio Tinto talks with Glencore to trigger merger mania
A tie-up would have created a nearly £130billion behemoth that would have toppled BHP from its top spot as the world's biggest miner.
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 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.
Potential Rio Tinto, Glencore Deal Would Be Mining's Largest
Rio Tinto and Glencore have discussed combining their businesses, according to people familiar with the matter. If successful, the tie-up would rank as the largest-ever mining deal and create a behemoth to rival longstanding leader BHP Group.
Rio shares drop +1% on talk of Glencore merger discussion
Rio Tinto Ltd (ASX:RIO) has seen its share price drop more than 1% on rumours that it’s in discussion with another high-powered miner Glencore about merging their respective businesses. The Australian Financial Review cited Bloomberg as the main originator of the news – in addition to others close to the issue – saying that ‘Rio and Glencore have
Mining Weekly18h
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’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 ...
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, ...
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Glencore open to deals as investors brace for more mining M&A
Miner and commodity trader Glencore said it is open to M&A transactions that create value for its shareholders, leveraging ...
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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 ...
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 ...