Last year Switzerland-headquartered Glencore, which has a market capitalisation of nearly £45billion, completed the £5.6billion acquisition of Canadian miner Teck Resources’ steelmaking coal unit.
A prospective merger between Rio Tinto and Glencore would rank as the mining industry's largest-ever deal. Analysts were broadly skeptical about the merits of a Rio Tinto-Glencore merger, however, ...
Energy coal volumes increased 5.2 million tonnes in second half in line with operational and logistical improvements in Australia and South Africa, while steelmaking coal added 13.1 million tonnes in ...
Vitol Group has hired a former Glencore Plc trader to develop a copper business, as the energy trading powerhouse seeks to enter the highest-profile metals market. Bruno Porto, a veteran copper ...
In a May 9, 2024, Seeking Alpha article on the prospects of Glencore (OTCPK:GLCNF), I concluded: GLNCY is not only a leading commodity trading company but also ranks as the sixth-largest mining ...
Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo Talks show how mining industry is gripped by mega-deal fever BHP’s unsuccessful move on Anglo catalyzed a wave of activity ...
LONDON (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 producer.
It comes after Bloomberg News reported Thursday that British-Australian multinational Rio Tinto and Switzerland-based Glencore were in early-stage merger talks, although it was not clear whether ...
LONDON (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 producer.
(Bloomberg) -- 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 ...