Glencore stock in focus as BHP bows out and Rio takeover clock ticks
LONDON, Jan 13, 2026, 07:54 GMT — Premarket Glencore Plc shares opened Tuesday in London following reports from Reuters that BHP plans to hold off on any move while Rio Tinto pursues its takeover talks. According to sources, BHP has no intention of bidding for the Swiss commodities giant. (Reuters) This development is significant as investors had been considering the possibility of a competing bid since Rio confirmed it was in early talks. With BHP now off the table—at least for the time being—the range of scenarios tightens, shifting attention squarely onto Rio’s next step. This highlights the big miners’