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LSE:GLEN.L News 12 January 2026 - 6 February 2026

Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore signed a non-binding deal that could give a U.S.-backed group a 40% stake in its Congo copper and cobalt operations, valuing the assets near $9 billion. The company also paused nearly $1 billion in investment at its Quebec smelter over regulatory issues. Rio Tinto faces a Feb. 5 deadline to decide on a possible takeover bid. Glencore shares last closed at 517.30 pence, up 16.30.
Glencore stock rises on Citi adviser talk as Rio Tinto deadline nears — what to watch next

Glencore stock rises on Citi adviser talk as Rio Tinto deadline nears — what to watch next

Glencore shares rose 0.9% to 505.6 pence in early London trading after reports it is close to hiring Citi for possible Rio Tinto merger talks. Rio Tinto faces a UK takeover deadline to clarify its intentions by Feb. 5. Both companies declined to comment. Investors await news on a possible deadline extension and Glencore’s full-year results due Feb. 18.
Glencore share price: Rio Tinto clock and Canada smelter talks set up the week ahead

Glencore share price: Rio Tinto clock and Canada smelter talks set up the week ahead

Glencore closed down 1.7% at 499.25 pence Friday as merger talks with Rio Tinto faced unresolved valuation issues and a Feb. 5 UK regulatory deadline. Glencore Canada said key elements remain unresolved in negotiations over the Horne smelter’s future. The company flagged a sharp drop in 2025 copper output but expects 2026 production of 810,000–870,000 tonnes.
Glencore stock heads into a big week as Rio Tinto deadline nears and copper cools

Glencore stock heads into a big week as Rio Tinto deadline nears and copper cools

Glencore shares fell 1.7% to 499.25 pence Friday after metals prices dropped and copper retreated from record highs. Investors await a possible Rio Tinto bid by Feb. 5 and watch for further takeover-code disclosures. Glencore’s 2025 copper output dropped 11% to 851,600 tonnes, but second-half production rebounded. Geode Capital disclosed a 0.93% Glencore stake in new filings.
31 January 2026
Glencore share price: production report and Rio Tinto deal clock keep GLEN.L in focus

Glencore share price: production report and Rio Tinto deal clock keep GLEN.L in focus

Glencore shares rose 2.2% Friday to 501 pence ahead of its full-year production report due Thursday. Rio Tinto is weighing a bid for Glencore, with a Feb. 5 deadline for a formal offer under UK takeover rules, according to Reuters. Barclays disclosed stakes in Glencore above the 1% threshold. Volatility in metals and currencies is rattling miners and traders.
Glencore share price slips as Chevron Singapore sale talks and Rio Tinto bid clock keep GLEN.L in focus

Glencore share price slips as Chevron Singapore sale talks and Rio Tinto bid clock keep GLEN.L in focus

Glencore shares fell 0.9% to 495.48 pence in early London trading after Reuters reported the company and Eneos are in final talks to buy Chevron’s Singapore downstream assets, a deal that could exceed $1 billion. Attention is fixed on Rio Tinto’s Feb. 5 deadline to make a takeover offer for Glencore or walk away under UK rules.
Glencore stock rises as Rio output beat keeps merger spotlight on miners

Glencore stock rises as Rio output beat keeps merger spotlight on miners

Glencore shares rose 1.7% to 490.25 pence in early London trading, outperforming a broader market decline. Rio Tinto’s stronger-than-expected iron ore and copper output fueled renewed merger speculation, with a Feb. 5 deadline looming for Rio to clarify its intentions. Glencore’s production report is due Jan. 29. Around 2.7 million Glencore shares changed hands during the session.
Rio Tinto share price slips in London as iron ore weakens and Glencore clock ticks

Rio Tinto share price slips in London as iron ore weakens and Glencore clock ticks

Rio Tinto shares fell 0.8% to 6,287 pence in early London trading as iron ore futures hit a two-week low, with China’s May contract down 2.82% to 792 yuan a ton. BHP confirmed it is offering price concessions in 2026 supply talks with China’s state buyer. Investors are watching Rio’s quarterly update and a Feb. 5 deadline for Glencore’s potential offer.
Glencore share price: GLEN.L in focus as China hurdles shadow Rio Tinto deal talk

Glencore share price: GLEN.L in focus as China hurdles shadow Rio Tinto deal talk

Glencore shares opened cautiously after a Reuters report said any Rio Tinto deal may require asset sales to satisfy Chinese regulators, with copper and iron ore flagged as key issues. Glencore closed Thursday at 491.0 pence, up 1.4%. Rio Tinto faces a Feb. 5 deadline to make a firm offer or walk away. Societe Generale disclosed a 1.60% long and 1.16% short position in Glencore as of Jan. 14.
Rio Tinto stock price in focus: China approval risk hangs over Glencore talks

Rio Tinto stock price in focus: China approval risk hangs over Glencore talks

Rio Tinto shares closed at 6,468 pence Thursday, up 1.78%, after a volatile session. Analysts warn China may require asset sales for any Rio-Glencore merger, citing concerns over copper market share. Rio announced a two-year copper supply deal with Amazon and signed a new collaboration plan with BHP on Pilbara iron ore. BlackRock disclosed stakes in Rio under UK takeover rules.
Glencore stock swings back into view as Rio deal doubts hit before London open

Glencore stock swings back into view as Rio deal doubts hit before London open

Glencore shares rose nearly 3% to 484.2 pence Wednesday as copper prices surged and merger speculation swirled. A major Australian investor warned Rio Tinto faces “a lot of questions” over any Glencore deal. Rio has until Feb. 5 to make a formal offer or withdraw under UK takeover rules. Talks remain preliminary, with valuation and shareholder approval in focus.
Rio Tinto plc stock edges up as Glencore deal talk deepens with bank advisers lined up

Rio Tinto plc stock edges up as Glencore deal talk deepens with bank advisers lined up

Rio Tinto shares rose 0.3% to 6,231 pence after reports it hired JPMorgan, Evercore, and Macquarie to advise on a possible Glencore takeover. The potential deal could create a $200 billion mining group. Rio has until Feb. 5 to make a formal offer or withdraw, and said there’s no guarantee a bid will happen. BHP is not planning a rival bid, according to sources.

Stock Market Today

CleanSpark stock price jumps 22% after earnings and AI push — what CLSK traders watch next week

CleanSpark stock price jumps 22% after earnings and AI push — what CLSK traders watch next week

7 February 2026
CleanSpark shares jumped 22% to $10.08 Friday after quarterly results and an AI infrastructure update, following bitcoin’s rebound above $70,000. The company reported a quarterly net loss tied to bitcoin price swings and outlined plans to expand power capacity in Houston. Peers Marathon Digital and Riot Platforms also surged. Upcoming U.S. jobs and inflation data next week could add further volatility.
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