Glencore

BHP is stuck on the sidelines of copper M&A frenzy it started

The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal

Rio has a relative dearth of copper development prospects as its vast Oyu Tolgoi mine in Mongolia reaches capacity.

Rio-Glencore deal closer than ever with premium and CEO in focus

The idea of a combination of the two companies has been discussed several times over more than a decade

Rio Tinto Group and Glencore have been discussing a potential combination of some or all of their businesses including an all-share takeover,

Glencore and Rio Tinto in talks to form world’s biggest miner

Both companies own some of the best copper mines in the world

Glencore and Hillhouse are poised to participate as cornerstone investors in the deal.

Glencore to invest in Chinese aluminium smelter’s IPO

Deliberations are ongoing, and details of the deal, including the investments, may change

Globally, copper smelters face challenges from a shortage of concentrate and overcapacity in China.

Australia launches A$600 million rescue of Glencore copper smelter

The country’s metals processing sector has also been under pressure from high energy and labour costs

Rio Tinto expects to spend more than US$13 billion on iron ore mines to replace depleted ones in Western Australia in the next three years alone.

Mining giants squeeze dividends with an eye toward funding growth

Prices of key commodities iron ore and coal have dropped around 13% since the start of the year

Last year, Shell announced the sale of its Bukom (pict0red) and Jurong islands facility, which dates back to 1961.

Shell completes Singapore refinery sale to Chandra Asri-Glencore joint venture

[SINGAPORE] Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday (Apr 1), and trade sources said the new own...

Glencore is returning US$2.2 billion to shareholders, including a top-up buyback of US$1 billion.

Glencore reports profit slide as key earner coal slumps

It reported core earnings of US$14.4 billion, 16% lower than the previous year

A merger between the firms has the potential to be the largest ever in the mining industry.

Rio Tinto and Glencore discussed merger but talks no longer active: source

Rio and Glencore have discussed combining their operations in the past

Shell agreed in May to sell its Singapore assets on Pulau Bukom (above) and Jurong Island to a joint venture between commodity trader Glencore and Indonesia’s Chandra Asri Pacific.

Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say

The joint venture, called CAPGC is on track to close its acquisition in Q1 of 2025