Glencore Considers ASX Listing After Rio Tinto - News Summed Up

Glencore Considers ASX Listing After Rio Tinto


Glencore open to considering Australia listing if beneficial, AFR reportsGlencore's Potential Australia Listing and Recent Corporate DevelopmentsBackground and Current ConsiderationsMarch 9 (Reuters) - Glencore is open to considering listing in Australia, if it proves beneficial to the company, the Australian Financial Review reported on Monday, following the collapse of merger talks with Rio Tinto. Potential Benefits of an ASX ListingA secondary ASX listing could attract more investors and "give investors another option other than Rio and BHP," the report quoted CEO Gary Nagle saying. Shareholder Engagement and Advisory ProcessThe company would need to engage with shareholders and seek advice before proceeding with any listing, Nagle told the newspaper. Context: Recent Merger Talks and Listing DecisionsCollapse of Merger Talks with Rio TintoRio walked away from takeover talks with Glencore in February, ending months of negotiations on a tie‑up that would have created the world’s largest mining group. The miner, which already has a secondary listing in Johannesburg, delisted from Hong Kong in 2018.


Source: The Guardian March 10, 2026 01:29 UTC



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