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.

Bloomberg News | January 17, 2025 | 2:40 pm

Rio Tinto and Glencore discuss potential merger

A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before.

Frik Els | January 16, 2025 | 1:46 pm

Rio Tinto, Glencore discuss mining’s biggest-ever potential merger

Combining the two businesses would potentially create a behemoth to leapfrog longstanding industry leader BHP Group.

Bloomberg News | January 16, 2025 | 12:16 pm

Iron ore price hits four-week high on lower shipments, softer dollar

Rio Tinto reported its lowest annual shipments in two years.

Reuters | January 16, 2025 | 7:23 am

Brazil’s Cosan unloads stake in miner Vale

Cosan has unloaded some 173 million shares it owned in the mining giant.

Reuters | January 16, 2025 | 7:15 am

Rio Tinto’s iron ore shipments slip, sees global economic resilience

The company shipped 328.6 million tonnes of iron ore from Pilbara in 2024.

Reuters | January 15, 2025 | 1:52 pm

Value of 50 biggest mining companies drops by $126 billion

The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion.

Frik Els | January 15, 2025 | 11:25 am

Biden signs executive order to power-up AI infrastructure

The push for data centre storage power is set to boost mining for energy transition metals such as silver for solar panels, copper for wiring, and lithium, cobalt, manganese, iron, nickel and vanadium for batteries.

Trish Saywell | January 14, 2025 | 3:12 pm

Factbox: Greenland’s rich but largely untapped mineral resources

A 2023 survey showed that 25 of 34 minerals deemed "critical raw materials" by the European Commission were found in Greenland.

Reuters | January 13, 2025 | 8:59 am

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BHP’s iron ore, copper output surge on mine improvements

Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March

Glencore open to deals as investors brace for more mining M&A

Australia iron ore hub resumes operations after cyclone threat

Australia shuts its biggest iron ore port on cyclone threat

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