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Top Australian Resource & Investment News

Rio Tinto in talks to buy Glencore to form world's biggest miner — REUTERS / ixx511

Business · United Kingdom

Rio Tinto in talks to buy Glencore to form world's biggest miner

42% Center coverage: 52 sources

Glencore said it was in early talks to be acquried by Rio Tinto, in a combination that would potentially create the world’s largest mining company.See the Story

BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up

Stock Markets · Australia

BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up

75% Center coverage: 4 sources

Australia's mining giant, BHP Group ( NYSE:BHP), will wait out talks over the proposed merger by the United Kingdom’s Rio Tinto Group (NYSE:RIO) and Switzerland-based commodity trading and mining company Glencore Plc. (OTCPK:GLCNF), people familiar with the matter told Reuters on Monday. With a market cap of $162 billion, BHP was viewed as the most likely spoiler of Rio's bid for Glencore that would create the world's largest mining company. How…See the Story

Australia Fortifies Critical Mineral Reserve to Counter China’s Dominance

Australia · Australia

Australia Fortifies Critical Mineral Reserve to Counter China’s Dominance

The Australian government’s recent unveiling of its plan to create a A$1.2 billion critical mineral reserve marks a significant step in the nation’s strategy to secure its position in the global supply chain of essential minerals. The focus on antimony, gallium, and rare earths underscores the strategic importance of these elements, which are crucial for a wide range of high-tech industries… Source See the Story

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