A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year’s $50 billion attempt by BHP ...

Cyclones hinder repair effort for previous cyclone damage RBC sees possible risk premium to iron ore price Rio may struggle to meet output guidance - analyst "Safety is our priority. As is ...

Rio Tinto does not have a great record of M&A either. In 2007, the company bought Alcan for $38 billion, paying a 65% premium for the Canadian aluminum maker to beat other suitors. In the ...

In this article, we are going to take a look at where Rio Tinto Group (NYSE:RIO) stands against the other stocks. Jim Cramer, the host of Mad Money, recently expressed his concerns about the ...

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.

He also noted a "definite culture clash" between the more conservative Rio Tinto and the more aggressive Glencore. Rio's U.S.-listed shares fell 0.5% in extended trading after the Bloomberg report ...

Rio Tinto paid USD 44 billion (including assumed debt) for Alcan, a Canadian based bauxite, alumina and aluminum producer, in 2007 but ultimately incurred write-downs of more than USD 23 billion ...

When Glencore Plc proposed a combination with Rio Tinto Group a decade ago ... its disastrous 2007 purchase of Canadian aluminum maker Alcan, and chairman Barton has been a key driver of the ...

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 ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas ...

Rio Tinto and Glencore are in early talks about a potential merger that could create the mining industry's largest-ever deal. Market reactions were mixed, with Rio Tinto shares declining while ...

MELBOURNE, Australia, January 15, 2025--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: "Our operating performance in 2024 was good, consistent with our ongoing commitment to ...