Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo
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 negotiations in the second half of last year shows how the sands have shifted,
What next for Glencore after failed Rio Tinto merger talks?
More consolidation is needed, he told a private conference hosted by Goldman Sachs at LME Week. As it happened, Jakob Stausholm, the boss of rival mining company Rio Tinto, was also speaking at the event. Around the same time, Glencore and Rio held tentative talks about combining part or all of their business to create a $160bn mining behemoth.
Jefferies lowered the firm’s price target on Rio Tinto (RIO) to 6,000 GBp from 6,400 GBp and keeps a Buy rating on the shares. The firm ...
Shares of Rio Tinto PLC RIO inched down 0.05% to £49.32 Thursday, on what proved to be an all-around positive trading session ...
Rio Tinto plc ADR Common Stock (RIO) stock saw a modest uptick, ending the day at $59.52 which represents a slight increase of $0.68 or 1.16% from the prior close of $58.84. The stock opened at $58.88 ...
ASX: RIO Elliott Wave technical analysis. Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange ...
Berenberg has named Rio Tinto as its top pick for 2025 among London's blue-chip diversified mining stocks ahead of what's set ...
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