Glencore, Rio Tinto

Rio Tinto and Glencore spoke for months about deal that was once taboo
The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
Rio Tinto, Glencore discuss mega merger to take on BHP
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.
Monsters of Rock: Rio Tinto and Glencore merger talks could create the biggest dog in the mining yard
Two of the world's biggest diggers held talks about creating the world's biggest miner, according to media reports.
Rio Tinto and Glencore discuss potential merger
Rio Tinto is the world’s second most valuable mining company and shares with its Melbourne-based neighbour BHP the distinction of being valued at more than $100 billion, but only just.
Rio Tinto, Glencore discuss mining’s biggest-ever potential merger
Rio Tinto is the world’s second-biggest miner, with a market value of about $103bn at the close of trading in London on Thursday, while Glencore was valued at about $55bn.
Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.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.
Rio Tinto Slips After Report of Possible Glencore Merger
Rio Tinto's ADRs fell 1.9%, to $59.29, in afternoon trading Thursday. The early-stage talks between Rio Tinto and Glencore could result in the mining industry's largest-ever deal and reshape the global mining landscape,
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.
Rio Tinto, Glencore in early-stage merger talks, Bloomberg News reports
Rio Tinto and Glencore have held early-stage talks about combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter. The potential merger between the two mining heavyweights,
Rio Tinto, Glencore deal talks no longer active, Reuters reports
Glencore (GLNCY) deal talks no longer active, Reuters reportsStay Ahead of the Market:Discover outperforming stocks
Rio Tinto Produced Slightly Less Iron Ore, More Copper Last Year
The miner said it produced and shipped slightly less of the steelmaking ingredient iron ore in 2024, but mined more copper, ...
New Buy Rating for Rio Tinto (RIO), the Basic Materials Giant
In a report released today, Matt Greene from Goldman Sachs maintained a Buy rating on Rio Tinto (RIO – Research Report), with a price target of ...
Rio Tinto Group: Rio Tinto: 2025 Pilbara Iron Ore Sales Volumes Likely Flat on Last Year
The nation's largest bank earned a record $58 billion for 2024 and $14 billion in its final quarter.
$260b Rio Tinto, Glencore mega-deal would sideline Australia
The last time Rio Tinto and Glencore were caught in merger talks, it was all about iron ore. Australia, and the Pilbara, were ...
Rio Tinto reports Q4 Pilbara iron ore production 85.7 Mt, down 1% y/y
Bauxite production 15.4 Mt, down 1% y/y. Reports Q4 Aluminum production 837 kt, down 1% y/y. Reports Q4 mined Copper 202kt, up 26% ...
Rio Tinto Continues to Review Options for Kennecott Copper Mine -- Commodity Comment
Rio Tinto, the world's No. 2 mining company by market value, on Thursday reported a drop in iron-ore production and shipments from its Australian mines. Fourth-quarter and full-year output and exports ...
Rio Tinto produced slightly less iron ore, more copper in 2024
Rio Tinto (NYSE:RIO) said Wednesday it produced and shipped slightly less of steelmaking ingredient in 2024, as demand from ...