Rio Tinto, Glencore In Talks To Form World’s Biggest Miner
Published on: Jan. 9, 2026, 7:40 a.m. | Source: NDTV Profit
Rio Tinto Group is in talks to buy Glencore Plc to create the world’s biggest mining company with a combined value of more than $200 billion, a little over a year after earlier talks collapsed. The companies have been discussing a potential combination of some or all of their businesses including an all-share takeover, they said in separate statements on Thursday. Glencore’s American depositary receipts rose 8.8% in New York. Rio Tinto shares fell 5% at the start of Sydney trading.
