The Sydney Morning Herald logo

Glencore

Advertisement
Rio Tinto’s Simon Trott is trying to bring together Glencore and Rio Tinto.

‘Passed his first test’: Rio Tinto walks away from $300 billion mega-merger

Australia’s largest iron ore miner has abandoned takeover talks with Glencore, sinking a deal that would have created the biggest miner in the world.

  • Nick Toscano

Latest

Epstein and Mandelson pictured together in an image released by the US Congress.

‘Under pressure’: UK politician sent Epstein details of Australian mining tax

Peter Mandelson, a former cabinet minister now facing calls for a police inquiry into his ties to the sex offender, forwarded private documents with his view that pressure needed “to be maintained” over Kevin Rudd’s doomed tax plan.

  • David Crowe
Rio Tinto iron ore mine in Western Australia.

How artificial intelligence is driving the world’s biggest mining mega-merger

Even two years ago coal was the mining industry’s kryptonite - the dirty commodity cousin whose place in the energy mix was rapidly fading.

  • Elizabeth Knight
A Glencore merger with Rio Tinto would produce a company with market leading positions in iron ore, copper, nickel, zinc and coal.

‘Bad for Australia’: Investors question $300bn Rio Tinto, Glencore merger

International mining company Glencore reveals it has re-engaged with Rio Tinto about a deal that would create the world’s biggest mining company.

  • Kishor Napier-Raman
Smelter

Australian giant’s desperate bid to ruin a $92 billion deal

It was worth it for BHP chief Mike Henry to have one last throw of the dice.

  • Stephen Bartholomeusz
The Ulan coal mine near Mudgee

Courts turn on coal mines over climate impacts

The NSW Land and Environment Court invalidated the approval for the Ulan coal mine expansion near Mudgee, based on a precedent set in July.

  • Caitlin Fitzsimmons
Advertisement
Glencore’s lead and copper smelters in Mount Isa.

Nation’s manufacturing at ‘dangerous crossroads’ with more big bailouts to come

The government is set to announce its third major industry rescue package this year.

  • Nick Toscano, Mike Foley and Shane Wright
Everyone wants copper. So who of the mining sector’s heavyweights will attempt to nix Anglo and Teck’s deal?

The copper wars are here: Mega merger could trigger battle of the mining giants

Anglo American and Canada’s Teck have agreed to create one of the world’s larger copper companies. Will BHP and Rio Tinto be content to watch from the sidelines?

  • Stephen Bartholomeusz
The Albanese government and Environment Minister Murray Watt face criticism for approving a coal mine expansion in NSW.

Environment Minister Murray Watt criticised for approving coal mine expansion

The decision comes as the federal government considers its 2035 emission reduction target under the Paris Agreement.

  • Caitlin Fitzsimmons and Nick O'Malley
A deal would potentially create a $US158 billion behemoth to leapfrog longstanding industry leader BHP, which is worth about $US126 billion.

Rio-Glencore merger could create a copper powerhouse

Rio Tinto shares fell 0.5 per cent to $118.99 on Friday, after Bloomberg reported that Rio had been involved in early-stage merger talks with Glencore.

  • Daniel Lo Surdo and Nick Toscano