Glencore’s recent talks with Rio ultimately fell apart over differences in valuation, according to people close to the talks. The two sides have a mandatory six-month cool-down period under London ...
By Melanie Burton and Roushni Nair MELBOURNE, Feb 19 (Reuters) - Rio Tinto on Thursday reported flat annual earnings that ...
Weaker iron ore prices weigh on its core business, but copper prices having risen 8% in 2025 blunt the impact of iron ore prices on its earnings Read more at The Business Times.
Rio Tinto is sticking to a “stronger, sharper, simpler” strategy outlined by chief executive Simon Trott after abandoning talks with Glencore on a $260bn mining mega merger.
Swiss resources giant Glencore is still open to a transformative merger with another mining group, its CEO said Wednesday, ...
By Clara Denina and Pratima Desai LONDON, Feb 5 (Reuters) - Rio Tinto has walked away from takeover talks with Glencore, ...
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) shares fell 4% in early trading after the miner reported flat underlying earnings of $10.9 billion for 2025, with the decline also exacerbated by a broader ...
By Divya Rajagopal and Clara Denina TORONTO, Feb 2 (Reuters) - Swiss miner Glencore is close to engaging Citi as its lead investment bank on its potential acquisition by Rio Tinto that could create ...
The world’s second-biggest miner by market value made a net profit of $9.97 billion in 2025, down from $11.55 billion a year earlier.
The only thing off limits is its holdings in Western Australia’s Pilbara region, including around 2,000 kilometres of rail networks underpinning Rio’s profitable iron ore empire.
DIVIDEND: Rio Tinto is expected to declare a year-end dividend of roughly $2.47 a share, according to Visible Alpha, up from $2.25 a share a year ago. The miner's Australia-listed stock is up more ...
The decision by Rio Tinto and Glencore to abandon merger talks now has analysts divided on the companies’ prospects in what JPMorgan has called “the age of critical minerals.” ...