Rio Tinto stock slides on revived Glencore merger talks as Feb 5 deadline nears
London, January 9, 2026, 12:11 GMT — Regular session Rio Tinto (RIO.L) shares slid on Friday after the miner confirmed preliminary discussions with Glencore over a possible combination. Rio was down 2.2% in London by 1044 GMT, while Glencore jumped 10%, with markets also watching a U.S. jobs report later in the day. (reuters.com) The talks revive the chances of a mining mega-deal that would create a group valued at nearly $207 billion and, analysts say, would leapfrog BHP in market value. Rio’s shares slid as investors worried it could overpay for Glencore, a $65 billion miner and trader, in