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Glencore, Rio Tinto Resume Talks on $260 Billion Megadeal
10 Jan 2026 08:09 GMT
… Glencore’s thermal coal operations, which generated $3.2 billion in earnings … companies maintain significant smelting operations. Glencore’s aluminum production capacity of … mining operations with Glencore’s extensive trading network. Glencore’s marketing …
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Europe stocks close at record as Glencore jumps on Rio Tinto interest
09 Jan 2026 23:16 GMT
… powered by a surge in Glencore that helped put the Stoxx … as a run of weak earnings and renewed geopolitical tensions, sparked … in Venezuela, weighed on sentiment. Glencore jumped 10 per cent, while … company.
The gains in Glencore helped the Stoxx 600 index …
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Europe close: Stocks rise as mining sector jumps on Glencore-Rio merger talks
09 Jan 2026 19:43 GMT
… at 8,362.09.
Glencore ended the session nearly 10% … Australian shares down 6% and Glencore ending Thursday in negative … month-on-month average hourly earnings rose slightly. Meanwhile US … but attention now shifts to earnings season."
Oil prices surged …
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FTSE 100 movers: Glencore surges; Sainsburys in the red
09 Jan 2026 19:43 GMT
Glencore surged to the top of … rejected a merger approach from Glencore, while talks between the two … brought the forward price-to-earnings valuation (to March 2027E) down … Stanley.
FTSE 100 - Risers
Glencore (GLEN) 454.10p 9.95% …
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Rio Tinto and Glencore revive merger discussion
09 Jan 2026 17:37 GMT
… the hip today.”
Rio and Glencore held discussions in 2024, but … Rio replaced its CEO, while Glencore made an effort to publicly … .
For Rio, a deal with Glencore would significantly expand its copper … a substantial share of their earnings from iron ore, a market …
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Glencore’s trading arm part of the appeal for Rio Tinto in merger talks, sources say
09 Jan 2026 17:14 GMT
…
Goldman Sachs estimates that Glencore’s marketing business could … .4 billion in adjusted earnings before interest and tax … natural gas and metals, Glencore mines coal and produces copper … to satisfy competition authorities.
Glencore has retained its coal …
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European stocks reach record highs as Glencore leaps on Rio Tinto's interest
09 Jan 2026 15:47 GMT
… investors are resilient, despite weak earnings reports, and geopolitical tensions … .S. action in Venezuela. Glencore shares reached their highest level … stages of talks with Glencore to create the largest … company in the world.
Glencore's gains helped …
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Glencore share price jumps 8% on Rio Tinto merger talks – copper is the real story
09 Jan 2026 14:37 GMT
… shows the miner’s adjusted earnings (EBIT) across its two … divisions: while coal earnings have collapsed since the post … resilient. That shift gives Glencore flexibility in any deal and … steady volumes can meaningfully boost earnings.
Rio Tinto, by contrast, …
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London open: Miners pace gains on Glencore-Rio news; payrolls eyed
09 Jan 2026 12:42 GMT
… the unemployment rate and average earnings.
Kathleen Brooks, research … -weighted miners rallied after Glencore and Rio Tinto confirmed … Responding to press speculation, Glencore said there is no … shares down 6% and Glencore ending Thursday in negative …
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London pre-open: Stocks to rise ahead of payrolls; Glencore/Rio in focus
09 Jan 2026 12:42 GMT
… the unemployment rate and average earnings.
Kathleen Brooks, research … year."
Brooks said earnings growth is expected to … In corporate news, miner Glencore confirmed it was in … Responding to press speculation, Glencore said there is no certainty …