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0 -0.000339673913043531 -0.00458559782608701 -0.00475543478260872 -0.00900135869565219 -0.00577445652173907 -0.00288722826086959 0.00424592391304348
Stock impact report

Analysis-Mining consolidation to speed up as Chinese demand growth slows [Yahoo! Finance Canada]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now by prohibitive high costs and significant chances of eventual rejection, investors say. Reluctance to engage at a company level is seen in LSEG data showing M&A in mining sector fell 27% in value terms to $15 billion in the first quarter compared to the same 2024 period. Since the start of 2024, BHP's shares have slumped 26% and Rio Tinto has dropped 23% while Glencore's shares have collapsed 42%. Companies such as BHP and Rio Tinto have robust balance sheets and are delivering handsome returns to shareholders, but they are approaching a period of stalled earnings growth. With no other country able to pick up the slack left by China and trade wars triggered by U.S. President Donald Trump's import tariffs, miners are thinking more about creating value and strength through scale. "We are seeing more discussions about partnering, joint ventures and asset sales," said George Show less Read more
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