BHP (BHP AT) is reportedly not planning a bid for Glencore (GLEN LN), Reuters reports citing sources; said to be waiting out Rio Tinto's (RIO LN) talks around Glencore

BHP's decision to forgo a bid for Glencore suggests a strategic wait-and-see approach, likely tied to ongoing negotiations between Rio Tinto and Glencore.

Newsquawk StaffPublished 12 Jan 2026, 16:07 UTCOn the live feed at 15:47 UTC — 4 more headlines followed before this page went public

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Newsquawk Daily Economic Releases - 13th January 2026

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Bristol Myers' (BMY) Boerner says they have 10 launch opportunities by 2030

15:47

BHP (BHP AT) is reportedly not planning a bid for Glencore (GLEN LN), Reuters reports citing sources; said to be waiting out Rio Tinto's (RIO LN) talks around Glencore

15:46

Blackstone (BX) is reportedly hiring advisors for the sale of Leaf Living for c. GBP 1bln

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Intuit (INTU) has entered into a credit agreement with JP Morgan (JPM)

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Context

This indicates that BHP may be assessing potential developments before committing capital, which could impact market sentiment and competitive dynamics in the mining sector.

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