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Sources say BHP will not bid on Rio-Glencore, but wait for the talks to conclude.
12 Jan 2026 22:57 GMT
… sources familiar with the situation.
Glencore's shares rose … because it did not consider Glencore as?being complementary to its … was not interested in Glencore’s coal and trading assets, and … description of its interest in Glencore.
BHP had been pursuing …
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BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up
12 Jan 2026 20:31 GMT
… in 2024 was Glencore's significant coal business, a sector … be open to retaining Glencore's coal assets, possibly influenced … sustained profitability in the coal market.
Glencore has already moved its … coal assets into a …
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Rio-Glencore merge has mixed effects for Vale
12 Jan 2026 20:08 GMT
… In statements, Rio Tinto and Glencore said there are “preliminary” … the potential Rio Tinto–Glencore merger would bring several … signed an agreement with Glencore Canada to assess copper … , cobalt, nickel, zinc and coal, which helps hedge against supply …
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Exclusive-BHP to wait out Rio-Glencore talks, no plan to bid, sources say
12 Jan 2026 17:17 GMT
… with the matter said.
Glencore shares rose around 10% following … interested in Glencore’s trading arm and coal assets and … characterisation of its interest in Glencore.
BHP pursued a takeover … Collahuasi copper mine, while Glencore and BHP are partners in …
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Rio and Glencore edge closer to historic deal
12 Jan 2026 01:53 GMT
… cultural differences. In 2024, Glencore had sought a merger … is open to retaining Glencore’s coal business. The deal is … a court-sanctioned acquisition of Glencore by Rio Tinto.
Strategically, … Copper and Nuevo Cobre.
Glencore has also substantially built its …
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Rio Tinto, Glencore Revive Merger Talks
11 Jan 2026 07:24 GMT
… Rio Tinto and Glencore announced Friday that they have … "Rio Tinto and Glencore have been engaging in preliminary … valuation and concerns regarding Glencore’s coal operations.
Simon Trott, … between Rio Tinto and Glencore would further intensify merger …
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Rio Tinto, Glencore Revive Merger Talks
11 Jan 2026 07:14 GMT
… Rio Tinto and Glencore announced Friday that they have … "Rio Tinto and Glencore have been engaging in preliminary … valuation and concerns regarding Glencore’s coal operations.
Simon Trott, … between Rio Tinto and Glencore would further intensify merger …
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Rio could spin out ASX-listed iron ore, coal business in Glencore deal
11 Jan 2026 07:03 GMT
… and Glencore could spin off their iron ore and coal assets onto … spent several years exiting its coal assets, and we think it … or separate listing of the coal assets,” the bank’s London …
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Coal fields disruptions as Koji rain bears down
11 Jan 2026 02:06 GMT
…
The northern most coal mine is the Glencore-owned Collinsville Open Cut … The QCoal Somona Mine and Glencore owned Newlands Mine are … to some of the largest coal ports in the country. … world’s most heavily concentrated coal mining districts extending north …
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Rio Tinto told not to overpay for Glencore in £150bn deal
10 Jan 2026 21:32 GMT
… that Glencore is also a major producer of coal, which … #47;coal business. However, it seems unlikely that Glencore will … growth and development.”
But Glencore shareholder George Cheveley at … fewer competition hurdles buying Glencore than Rio. However the …