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 ...
MERAFE Resources has launched a review of its South African ferrochrome smelting business warning on Monday that furnaces ...
Grade erosion at existing mines is expected to exacerbate a predicted supply gap caused by rising demand for the energy transition. Glencore scraps plans to ditch coal on investor pressure ...
For Glencore, energy coal production from South Africa in 2024 was lower by 1. 2 million tons compared to the previous year.
Rio Tinto Group and Glencore Plc have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a behemoth to rival longstanding leader ...
Glencore runs two nickel, copper and precious metal mines in Sudbury, along with a mill and smelter. The company employs 1,200 people in the region and supports another 1,200 contractors.
Glencore’s largest shareholder is the company’s former boss, Ivan Glasenberg – a South African who’s loath to compromise. Under his stewardship, the firm, which mixes mining with a huge ...
LONDON, Jan 20 (Reuters) - Miner and commodity trader Glencore said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global copper ...
A potential combination of the two companies would rank as the largest-ever mining deal, but any transaction would be complex and face multiple potential hurdles. While Glencore has large copper ...
Glencore made an approach to Rio Tinto late last year with a proposition to merge the two mining companies but talks did not progress, according to two sources close to the matter. Neither company has ...
BHP is worth about $126-billion. A potential combination of the two companies would rank as the largest-ever mining deal, but any transaction would be complex and face multiple potential hurdles.