Rio Tinto, Glencore (GLEN LN) Discuss Potential Combination - Bloomberg
Jan 16, 2025 · 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, Glencore Spoke for Months About Potential Deal - Bloomberg
Jan 17, 2025 · Glencore boss Ivan Glasenberg accused Rio of misunderstanding the iron ore market, while his counterpart at Rio criticized Glencore’s traders as short-termist. But when Glencore reached out about...
Glencore Should Give Ground to Secure a Merger With Rio Tinto
Jan 28, 2025 · Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” With the ...
Rio Tinto and Glencore discussed merger but talks no longer …
Jan 16, 2025 · Bloomberg News reported on Thursday that the two were in early-stage merger talks. A merger between the firms has the potential to be the largest ever in the mining industry.
Energy Giant Vitol Targets Copper Market With Hire From Glencore
3 days ago · Vitol Group has hired a former Glencore Plc trader to develop a copper business, as the energy trading powerhouse seeks to enter the highest-profile metals market. ... Help ©2025 Bloomberg L.P ...
Ex-Glencore Trader Plots Return But Says Compliance Is a Turnoff
Sep 16, 2024 · (Bloomberg) -- A former Glencore Plc copper trader is planning a return to the industry – but not to physical trading of metals, which he criticizes as having become “controlled by compliance, by accountants and by lawyers.”
Glencore in Talks to Sell Its Philippine Copper Smelting Unit
Dec 18, 2024 · (Bloomberg) -- Glencore Plc is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions with at least one domestic buyer for the unit, according to people familiar with the situation who declined to be identified as the talks ...
Glencore-Indonesia JV Eyes $1 Billion Sustainability-Linked Loan
Jan 28, 2025 · A joint venture between commodity trader Glencore Plc and Indonesia’s PT Chandra Asri Pacific is marketing a $1 billion sustainability-linked syndicated loan, according to people familiar with ...
Glencore Corruption Probes Draw to a Close With Swiss Fine - BNN Bloomberg
Aug 5, 2024 · (Bloomberg) -- Glencore Plc will pay $152 million after Swiss authorities wrapped up an investigation into the commodities trader and miner, marking the end of more than six years of legal probes across Europe and the Americas.
Glencore Boosts Middle East Oil Buying for Singapore Bukom Plant
Dec 19, 2024 · Glencore Plc has emerged as an active buyer of spot oil cargoes from the Middle East this month, as the merchant starts procuring crude for the Bukom refinery in Singapore, according to traders.