Rio Tinto, Glencore discuss merger
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.
Mining giants Rio Tinto, Glencore said to weigh $216 billion mega merger
Rio Tinto is the world’s second-biggest miner, with a market value of about US$103 billion ($140.8 billion) at the close of trading in London on Jan 16, while Glencore was valued at about US$55 billion. BHP is worth about US$126 billion.
Rio Tinto Group (NYSE:RIO – Get Free Report) was upgraded by investment analysts at StockNews.com from a “buy” rating to a ...
We recently compiled a list of the 12 Cheapest Stocks with Biggest Upside Potential. In this article, we are going to take a ...
Rio Tinto Group, the world’s top iron ore exporter, said shipments of the steelmaking material slipped in the fourth quarter, ...
Rio Tinto Group and Glencore Plc have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group.
Rio Tinto PLC RIO shares inched up 0.99% to £50.91 Monday, on what proved to be an all-around great trading session for the ...
Ohmium International, a leading green hydrogen company specializing in the design, manufacturing, and deployment of advanced Proton Exchange Membrane (PEM) electrolyzers, has announced a collaboration ...
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Rio Tinto Limited (RTNTF – Research Report) and ...
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