Like the move by BHP, the world’s biggest miner on Anglo American, a South African corporate hero, the obstacles of a Rio Tinto/Glencore deal are high and certain to spark endless government ...
Rio and Glencore declined to comment. Global miners have been sizing each other up as they look at ways to bolster their position in metals such as copper that are set to be in high demand as ...
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 ...
Goldman Sachs analyst Matt Greene maintained a Buy rating on Glencore (GLEN – Research Report) today and set a price target of p500.00. The ...
Jefferies analyst Chris LaFemina maintained a Buy rating on Glencore (GLEN – Research Report) on January 31 and set a price target of p440.00. The company’s shares closed last Friday at p350.50.
In a May 9, 2024, Seeking Alpha article on the prospects of Glencore (OTCPK ... Copper, a leading industrial metal, reached a record high of nearly $5.20 per pound in May 2024.
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 producer. “As we have always ...
Mining giant Rio Tinto and commodity major Glencore last year discussed a possible tie-up of their business, unnamed sources told Bloomberg, adding that the talks never yielded a deal. The report ...
Reports involving metals and mining giants BHP, Rio Tinto, Glencore, and Anglo American Plc leave no doubt that the massive multi-billion-dollar industry is on its way to consolidation in 2025.
Rio Tinto and Glencore have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and the Swiss commodities ...
Rio Tinto (NYSE:RIO) -2.3% in Thursday's trading following a Bloomberg report that the company has been discussing a potential business combination with Glencore (OTCPK:GLCNF) (OTCPK:GLNCY), in ...