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Jim Cramer on USA Rare Earth: “I Can’t Bless It”
Yahoo Finance· 2026-01-09 08:16
USA Rare Earth, Inc. (NASDAQ:USAR) is one of the stocks Jim Cramer shared his takes on. A caller asked Cramer what he thinks of the company, and in response, he said: “See, I think that’s one of those year of magical investing stocks, and that year ended. I can’t bless it. Losing too much money.” Photo by Chris Liverani on Unsplash USA Rare Earth, Inc. (NASDAQ:USAR) supplies rare earth elements and other critical minerals, including neodymium, dysprosium, terbium, gallium, beryllium, and lithium. Cram ...
Mining firms Rio Tinto and Glencore restart $260bn merger talks
The Guardian· 2026-01-09 08:09
Rio Tinto and Glencore have restarted talks over a merger that would create the world’s largest mining company.The talks come almost a year after previous discussions between the two mining companies collapsed. If a deal is agreed, it would create a global mining business with an enterprise value of more than $260bn (£193bn).The two companies said on Friday that they were in “preliminary discussions” about a “possible combination of some or all of their businesses, which could include an all-share merger”.R ...
Rio Tinto and Glencore restart talks over mega-merger that would create the world's largest mining firm
CNBC· 2026-01-09 07:15
Core Viewpoint - Rio Tinto and Glencore are in discussions for a potential $260 billion merger that could create the world's largest mining company [1] Group 1: Merger Discussions - Preliminary discussions are ongoing regarding a possible combination of some or all of their businesses, potentially through an all-share merger [1] - The current expectation is that the merger would involve Glencore being acquired by Rio Tinto via a Court-sanctioned scheme of arrangement [2] - Rio Tinto has until 5 p.m. London time on February 5 to announce a firm intention to make an offer for Glencore or state that it does not intend to make an offer [2] Group 2: Historical Context - Previous merger talks in late 2024 collapsed due to valuation issues and concerns regarding Glencore's coal mines [3] - In August, Rio Tinto's CEO announced a reorganization aimed at cutting costs and unlocking up to $10 billion from its asset base, focusing on iron ore, aluminium, lithium, and copper [3] Group 3: Market Context - A merger between Rio Tinto and Glencore would contribute to the recent M&A activity in the mining sector, following Anglo American and Teck Resources' $66 billion merger [4] - The renewed discussions are influenced by rising demand for copper, with prices reaching an all-time high of $13,000 per ton this week [4]
Mining mega‑deals that built global giants
Reuters· 2026-01-09 04:19
Group 1 - Rio Tinto is in early discussions to acquire Glencore, which could lead to the formation of the world's largest mining company [1] - The combined market value of the potential merger is estimated to be nearly $207 billion [1]
Market reaction to Rio Tinto's buyout talks with Glencore
Reuters· 2026-01-09 03:29
Group 1 - Rio Tinto is in early discussions to acquire Glencore, which could lead to the formation of the world's largest mining company [1] - The combined market value of Rio Tinto and Glencore would be nearly $207 billion [1]
Glencore and Rio Tinto hold buyout talks to create $207 billion mega-miner
The Economic Times· 2026-01-09 02:55
Global miners are racing to bulk up in metals like copper, set to benefit from the global energy transition, and that has sparked a wave of project expansions and takeover attempts. London-listed ‌Anglo American and Canada's ‌Teck Resources are nearing the finish line on a merger to create a $53 billion copper-focused heavyweight. The discussions between Rio Tinto and Glencore about combining some or all of their businesses ‌are the second round of talks in just over a year between the two companies, after ...
Glencore Confirms Early Talks on Potential Merger With Rio Tinto
Yahoo Finance· 2026-01-09 01:57
Glencore has confirmed it is in preliminary discussions with Rio Tinto over a possible combination of some or all of their businesses, responding to recent market speculation around a potential mega-merger in the global mining and commodities sector. In a regulatory announcement released under the UK Takeover Code, Glencore said the talks could include an all-share merger, structured through the acquisition of Glencore by Rio Tinto via a court-sanctioned scheme of arrangement. The company stressed that di ...
Back to the table: Glencore-Rio Tinto restart talks to create world’s largest mining company
The Market Online· 2026-01-08 22:46
Glencore and Rio Tinto (ASX:RIO) have returned to the deal room early in CY26, holding “preliminary discussions” on an all-share merger between the two that would instantly make them the world’s largest mining company.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The bumper talks, first reported late on Thursday before being confirmed by a Glencore update (which was forwarded by Rio on the ASX wire), a ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 12, 2026 in Freeport-McMoRan Inc. Lawsuit – FCX
Globenewswire· 2026-01-08 22:45
NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Freeport-McMoRan Inc. (NYSE: FCX). Shareholders who purchased shares of FCX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/freeport-mcmoran-inc-loss-submission-form/?id=182855&from=3 CLASS PERIOD: Februa ...
FTSE 100 mining giants in talks over £190bn mega-merger
Yahoo Finance· 2026-01-08 22:36
If deal between Glencore and Rio Tinto is successful, the combination would create the world’s largest mining company - Andrej Ivanov/AFP Two of the world’s largest miners are in talks over a £190bn mega-merger to reshape global commodity markets. Glencore and Rio Tinto, both listed on the FTSE 100, confirmed on Thursday that they were holding discussions to create the world’s largest mining company after initial talks collapsed last year. If a deal between the two London-listed groups is agreed, the ne ...