Thursday, 30 April 2026European Markets
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Rio Tinto-Glencore Merger Talks Emerge as European Mining Faces Critical Mineral Supply Crunch

Rio Tinto-Glencore Merger Talks Emerge as European Mining Faces Critical Mineral Supply Crunch

Mining giants Rio Tinto and Glencore are exploring merger discussions amid tightening supplies of critical minerals across European markets. China controls 60% of global antimony production while uranium markets face supply constraints, pushing consolidation in the sector. Gold futures hit record highs above $4,200/oz in November 2026, marking the best year since 1979.

ViaNews Editorial Team (Europe)