Rio Tinto and Glencore have confirmed preliminary discussions for a potential all-share combination, reviving a long-mooted tie-up in Metals & Mining. With BHP under pressure after failed Anglo American bids, timing and strategy appear more favorable than in past attempts.
Published on 01/09/2026
at 07:10 am GMT
Alphavalue
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Glencore plc specializes in producing and distributing metals, minerals and petroleum products, primarily for the automotive, steel, and food-processing industries. The group also offers logistical, supply, and financing services. Net sales break down by family of products as follows:
- oil products, coke and coal (58.9%);
- metals and minerals (41.1%): aluminum, zinc, copper, alumina, iron alloys, nickel, cobalt, etc.
Net sales are distributed geographically as follows: Europe (27.4%), Asia (41.7%), Americas (18%), Africa (5.1%) and Oceania (2.4%).
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