Glencore share price slips in London as BlackRock filing keeps Rio Tinto deal watch alive
London, Jan 20, 2026, 08:32 GMT — Regular session Glencore shares fell 0.4% to 478.95 pence by 0810 GMT, pulling back after last week’s rally took the stock to a 12-month peak. (Glencore) The miner-trader has reacted sharply to takeover rumors after Rio Tinto confirmed talks about an all-share deal that would form the globe’s largest mining company. Per UK takeover rules, Rio must either submit a formal offer for Glencore or walk away by Feb. 5. (Reuters) Late Monday, BlackRock filed a disclosure under Rule 8.3 of the Takeover Code, revealing it holds a 7.17% stake in Glencore, along