trending Market Intelligence /marketintelligence/en/news-insights/trending/egakvSyfSkyHHQMGZgd_ZQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Glencore considered Fortescue takeover in 2016

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report: Glencore considered Fortescue takeover in 2016

Glencore PLC considered a potential acquisition of Australian miner Fortescue Metals Group Ltd. during a period of depressed prices for iron ore in 2016 to gain exposure to the commodity, The Australian reported, citing unnamed sources close to both companies.

However, the Swiss commodities trader opted not to pursue a potential deal as controlling shareholder Andrew Forrest was not inclined to divest his 35% stake in Fortescue, sources cited by the news outlet said.

The sources said Glencore remains open to diversifying into iron ore, but is leaning toward purchasing a pure-play miner like Fortescue instead of individual assets being divested by its competitors. Fortescue CEO Elizabeth Gaines, meanwhile, said the company is focused on the long-term sustainability of its core iron ore business.

Glencore previously targeted diversified mining major Rio Tinto in 2014, primarily for its exposure to iron ore. The deal was ultimately nixed, with Glencore at the time saying it was no longer considering the purchase but reserved its right to change its mind.