Rio Tinto stock slips on Glencore merger talks as Feb 5 takeover clock looms
London, Jan 11, 2026, 07:53 (GMT) — Market closed. Shares of Rio Tinto plc fell 3.0% to 6,006 pence on Friday, as investors mulled over a potential deal with Glencore, whose stock jumped roughly 10% that day. (Hargreaves Lansdown) These talks are significant as they revive a rare chance for a major merger in the sector. Reuters estimates the combined market value of the two companies at around $207 billion, surpassing BHP. Richard Hatch from Berenberg noted that BHP was “the most likely interloper” should the deal move forward. (Reuters) Rio has until Feb. 5 to either declare a firm