Green Transition Faces Coal Challenges: Uncertain Prospects for Rio Tinto and Glencore's Century-Defining Gamble
Show original
By:格隆汇
Glonghui January 9th|Hargreaves Lansdown analyst Derren Nathan wrote that with Rio Tinto and Glencore confirming that preliminary merger talks are underway, the super merger deal, hailed as the "mother of all mining deals," may be back on the table. He added that while the merger would create a giant with global leadership across multiple metals, a merger is not an automatic path to value creation for investors. He pointed out that while the merger could bring synergies, questions remain over how Glencore's coal business and trading division would integrate with Rio Tinto's business model. Nathan believes that considering Rio Tinto has been committed to enhancing its sustainability credentials, the coal business could be a particularly thorny issue. As a result of the news, Glencore's share price surged by 9%, while Rio Tinto's London-listed shares fell by nearly 2%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Large bitcoin investors have accumulated more coins than at any time since the FTX crash in 2022
101 finance•2026/01/18 19:06
Trump throws UK automakers into turmoil once again
101 finance•2026/01/18 19:06
Cryptocurrency Market Stirs Enthusiasm as Bitcoin Holds Strong
Cointurk•2026/01/18 18:54
DOJ No-Sell on Samourai Bitcoin, Advisor Says – Kriptoworld.com
Kriptoworld•2026/01/18 18:21

Trending news
MoreCrypto prices
MoreBitcoin
BTC
$95,414.34
+0.12%
Ethereum
ETH
$3,351.05
+1.08%
Tether USDt
USDT
$0.9997
+0.01%
BNB
BNB
$950.84
-0.16%
XRP
XRP
$2.06
-0.83%
Solana
SOL
$142.78
-0.92%
USDC
USDC
$0.9997
+0.00%
TRON
TRX
$0.3193
+1.05%
Dogecoin
DOGE
$0.1376
-0.83%
Cardano
ADA
$0.3937
-1.76%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now