Companies

Rio Tinto, Glencore Abandon Merger Talks for 3rd Time

Both firms maintain offices in the United States and are actively involved with American businesses.
Rio Tinto, Glencore Abandon Merger Talks for 3rd Time
A Rio Tinto sign on a building in Perth, Western Australia, on March 18, 2024. Susan Mortimer/The Epoch Times
Mary Prenon
Mary Prenon
Freelance Reporter
|Updated:
0:00

Rio Tinto, a  British-Australian multinational mining and metals company, has announced that it will no longer pursue a merger or any other business combination with Glencore, an international natural resources firm headquartered in Baar, Switzerland.

Both firms maintain offices in the United States and are actively involved with American businesses. Rio Tinto operates in eight states with a workforce of nearly 5,000, while Glencore has locations in New York City, Stamford, Connecticut, and Houston, Texas, among other metros.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.