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Why merger mania is coming to the fore in the mining industry

20 January 2025
in World
Why merger mania is coming to the fore in the mining industry
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The mining sector is anticipating a year of active dealmaking amid rumors of a potential merger between Rio Tinto and Glencore, two industry giants. Reports suggest that early-stage talks have taken place between the British-Australian and Swiss companies, although the current status of negotiations remains unclear. Analysts express skepticism about the proposed merger due to limited synergies, Rio Tinto’s complex structure, and strategic differences, with only copper assets showing potential for synergy between the two firms.

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Tags: Anglo American PLCAustraliaBHP Group LtdBusinessbusiness newsCoal miningcomingCopper marketsEnergyforeGlencore PLCIndustrymaniamergerMetals and minerals industryMiningRio Tinto PLC
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