Last April it agreed to pay $4bn for Texas-based Encore Wire, a maker of cabling for the construction ... the company reportedly didn’t see enough demand to justify a US submarine cable maker.
In 2024, Prysmian joined forces with Encore Wire, thanks to an over $4 billion ... opportunities for our capacity to be aligned with demand, to best serve our customers’ needs, and to also ...
But while increased copper exposure is what Rio wants as demand for its iron ore wanes, Chris Haynes, the head of equities at Equity Trustees Asset Management, disputed that was sufficient grounds ...
China is the world's leading commodity consumer. If the Chinese economy improves in 2025, commodity demand could explode. Moreover, the Trump administration's threat of tariffs could cause more ...
The focus of the BHP-Anglo deal was on copper, as demand prospects for the basic metal remain extremely bright amid the energy transition push. Copper would be a key consideration for a potential ...
Other countries with an interest in energy transition, where copper is in high demand thanks to its electrical conductivity, would also look closely at a Rio Tinto/Glencore merger which would ...
Certain metals are set to be in high demand as industries shift to cleaner forms of energy. That was the rationale behind BHP's $49 billion failed bid for smaller peer Anglo American last year.
"Into the Canyon" will show again on Wednesday, Feb. 12, at 7 p.m. at Theatrikos. The encore comes following popular demand after a soldout show in January.
Add articles to your saved list and come back to them any time. A potential $254 billion mega-merger between Rio Tinto and Glencore would create a mining behemoth with a powerful position in the ...
Copper demand has surged due to the AI trends sweeping the business world. According to commodity trader Trafigura, copper demand linked to data centers and AI could add up to one million tons by ...
Mining companies are racing to expand copper output, with demand poised to jump from use for energy transition applications such as solar panels, electric cars and data centres for artificial ...
Often described as the worst deal in mining history, it soured as aluminum demand slid during the global financial crisis and Chinese supply flooded the market. It forced Rio to take almost $30 ...