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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Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.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
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
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 and Glencore Spoke for Months About Deal That Was Once Taboo
When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in the second half of last year shows how the sands have shifted,
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.
20h
on MSN
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 ...
3d
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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