Glencore (GLEN LN) and Rio Tinto (RIO LN) resume talks on mining megadeal, FT reports

The resumption of talks between Glencore and Rio Tinto regarding a potential megadeal is significant as it could lead to the formation of a mining giant with substantial market power.

Newsquawk StaffPublished 8 Jan 2026, 20:04 UTCOn the live feed at 19:44 UTC — 4 more headlines followed before this page went public

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Glencore (GLEN LN) and Rio Tinto (RIO LN) resume talks on mining megadeal, FT reports

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Deal would create a mining behemoth with an enterprise value of more than USD 260bln.

Context

This merger would likely prompt considerations around regulatory hurdles, but it may also enhance competitive positioning in the metals market, affecting both equity valuations and investor sentiment in the sector.

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