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Top Miningmx 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

44% Center coverage: 48 sources

AI to Boost Copper Demand 50% by 2040, but More Mines Needed to Ensure Supply, S&P Says

Artificial Intelligence

AI to Boost Copper Demand 50% by 2040, but More Mines Needed to Ensure Supply, S&P Says

37% Center coverage: 11 sources

Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more recycling and mining, the consultancy S&P Global said on Thursday.See the Story

£190 Billion Deal Would Create World's Largest Mining Entity

Wall Street · Australia

£190 Billion Deal Would Create World's Largest Mining Entity

Coverage: 7 sources

The global mining landscape is bracing for a seismic shift after Rio Tinto and Glencore confirmed they are in talks regarding a potential merger. A tie-up between the two FTSE 100 titans would create the world’s largest mining entity, boasting a combined enterprise value of approximately £190bn. Glencore shares rallied nine per cent in early trading to 449.20 but Rio Tinto took a six per cent tumble to 143.06p. The move comes amid a race to beef…See the Story

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