What next for Glencore after failed Rio Tinto merger talks?
More consolidation is needed, he told a private conference hosted by Goldman Sachs at LME Week. As it happened, Jakob Stausholm, the boss of rival mining company Rio Tinto, was also speaking at the event. Around the same time, Glencore and Rio held tentative talks about combining part or all of their business to create a $160bn mining behemoth.
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 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 is reportedly set to establish a standalone lithium division following the completion of its $6.7bn acquisition of ...
Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion ...
The latest rally in iron ore prices is expected to be short-lived, with Westpac warning the commodity could collapse 30 per ...
Rio Tinto PLC RIO shares rose 2.22% to £50.41 Friday, on what proved to be an all-around favorable trading session for the ...
Mining giants Rio Tinto (RIO) and Glencore (GLEN.L, GLNCY) discussed a potential merger last year, as reported by Bloomberg, ...
Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) expressed its support for the Australian Government's recent announcement of an aluminium ...
Rio Tinto welcomes the Australian Government's announcement of an aluminium production credit to help sustain and grow aluminium smelting in Australia ...
Rio Tinto Ltd (ASX: RIO) shares fell 13.4% in 2024. Here are the dates likely to shift the Rio Tinto share price higher or ...
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