News

If successful, a merger between Rio Tinto, the world’s second-largest miner, and Glencore, a coal and commodity trading powerhouse, would create a $150 billion behemoth, outstripping BHP’s ...
News that it had beefed up the Australian entity reignited speculation that Glencore was positioning for a spin-off of its ...
Glencore approached Rio Tinto , late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.
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 in ...
Glencore's copper smelter and refinery in Queensland, Rio Tinto's jointly owned Tomago aluminum smelter in New South Wales, ...
Rio Tinto Chair Dominic Barton is reportedly after someone capable of delivering large-scale acquisitions alongside ...
A partnership or more with Rio Tinto. In early 2025, Glencore disclosed that it was in merger talks with Rio Tinto , the world's third-largest mining company by market capitalization.
Rio Tinto's new CEO, who could be announced as soon as this month, should be open to transformative merger and acquisition ...
For comparison, Berenberg holds a “hold” rating on BHP with a price target of GBp 1,700, down from GBp 1,900, and a “sell” on Anglo American (JO: AGLJ) with a target of GBp 1,900. Among diversified ...
RIO Tinto’s incoming CEO should embrace major acquisitions while driving cost reductions, said Reuters citing sources ...
The additional buyback will start on July 7 and will be completed before its full-year results in February, the company said.