MINER'S RIGHT

Coal & Allied pursuit heats up

'I’m not going away.' Words not uttered by Glencore chief executive Ivan Glasenberg, but certainly contained in his offers for Coal & Allied, a business Rio Tinto is trying to sell, only to be pestered by the fabulous problem of rising cash bids which have just hit US$2.675 billion.

Glencore thinks there is value to be had integrating Coal & Allied with its Hunter Valley assets

Glencore thinks there is value to be had integrating Coal & Allied with its Hunter Valley assets

The latest Glencore offer lobbed over the weekend, trumps a $2.45 billion bid from Yancoal, a Chinese coal miner, and will dominate proceedings at a meeting of Rio Tinto scheduled to be held in London...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.