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LSE:RIO News 9 January 2026 - 13 January 2026

Glencore stock in focus as BHP bows out and Rio takeover clock ticks

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’
Rio Tinto stock faces Glencore merger countdown as BHP speculation builds

Rio Tinto stock faces Glencore merger countdown as BHP speculation builds

London, Jan 12, 2026, 07:53 GMT — Premarket Rio Tinto (RIO.L) starts Monday under takeover speculation after confirming early talks with Glencore about a potential stock-for-stock merger. The miner indicated any deal might take the form of a court-approved “scheme of arrangement,” a typical UK takeover method, but emphasized there’s no guarantee an offer will materialize. (Rio Tinto) Why this matters now: the deal would combine two vast mining operations and push the industry further into copper, a crucial metal for power grids and data centres. Major miners are chasing scale and long-life reserves, aiming to meet demand without the
BHP stock slides as Rio-Glencore deal talk puts miners back in play

BHP stock slides as Rio-Glencore deal talk puts miners back in play

Sydney, Jan 12, 2026, 17:14 AEDT — Market closed. BHP Group Ltd shares ended Monday down 2.54% at A$46.51, slipping for most of the session as investors digested renewed chatter of major deals stirring the mining sector. The decline is significant since BHP remains the benchmark for Australia’s mining sector. The fresh talk of consolidation arrives as investors scramble to gauge “what’s next” following a year marked by fits-and-starts in dealmaking. Copper is back in the spotlight. Used in wiring and power grids, it’s the scarce metal that executives and bankers say big miners are eager to control more of.
Glencore share price jumps on Rio Tinto talks: what to know before Monday’s London open

Glencore share price jumps on Rio Tinto talks: what to know before Monday’s London open

London, Jan 11, 2026, 23:45 GMT — Market closed. Glencore’s stock surged 9.6% on Friday, hitting its highest mark since July 2024 after the miner confirmed talks with Rio Tinto over a potential merger. The news reignited interest in the deal-driven mining sector, according to Reuters data. (Reuters) The London-listed miner closed at 452.65 pence, gaining 39.65p for the day, after hitting a peak of 459.0p. Trading volume exceeded 118 million shares, according to London South East data. (shareprices.com) Why it matters now: copper is the hot commodity, pushing major miners to scale up or risk being left behind. “This
Basic materials stocks: XLB jumps 1.6% on copper surge as Linde sets Feb. 5 earnings date

Basic materials stocks: XLB jumps 1.6% on copper surge as Linde sets Feb. 5 earnings date

New York, Jan 11, 2026, 13:34 EST — The market has closed. U.S. basic materials shares wrapped up last week on a strong note, with the Materials Select Sector SPDR Fund (XLB) gaining 1.6% on Friday. (Nasdaq) This matters since the group’s been acting like a macro signal — delivering a fast snapshot on growth, inflation, and the dollar — right as investors gear up for earnings season and new buzz around mining deals. This also puts the sector at risk. Should metal prices dip or appetite for risk wane, those gains could unravel quickly. Copper climbed 1.9% to $12,964
Global stock markets hit record highs — CPI, bank earnings and a tariff ruling are next tests

Global stock markets hit record highs — CPI, bank earnings and a tariff ruling are next tests

NEW YORK, Jan 11, 2026, 12:13 (EST) — Market closed. Global stock markets start the week at record levels following new highs on Wall Street and in Europe last Friday, though the calm appears precarious. Early U.S. inflation figures and the initial major wave of bank earnings hit the tape, directly impacting rate expectations and stock prices. On Friday, the S&P 500 climbed 0.65% to 6,966.28. The Dow added 0.48%, while the Nasdaq rose 0.82%. MSCI’s global stock index gained 0.53%, closing at 1,034.87. This came after U.S. payrolls increased by just 50,000 in December, with the unemployment rate dipping
Rio Tinto stock slips on Glencore merger talks as Feb 5 takeover clock looms

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
Glencore stock jumps on Rio Tinto merger talks — three key dates traders now track

Glencore stock jumps on Rio Tinto merger talks — three key dates traders now track

LONDON, Jan 11, 2026, 07:53 GMT — The market has closed. Glencore’s shares surged 9.6% on Friday, closing at 452.65 pence amid growing speculation that takeover discussions with Rio Tinto might soon solidify. During the session, the stock fluctuated between 437.90 and 459.00 pence. (Investing.com) The companies confirmed they are in early talks about potentially combining parts or all of their businesses, possibly through an all-share merger—meaning a stock-for-stock deal instead of cash. Rio has until 5 p.m. London time on Feb. 5 to either declare a firm intention to make an offer or step back, according to Rule 2.6
BHP stock back in play as Rio-Glencore talks raise the stakes for big miners

BHP stock back in play as Rio-Glencore talks raise the stakes for big miners

Sydney, January 11, 2026, 16:54 AEDT — The market has closed. BHP Group Ltd (BHP.AX) kicks off the week with merger chatter resurfacing, following Rio Tinto’s confirmation of takeover talks with Glencore. This development could shake up the mining rankings and keep BHP squarely in the spotlight. Rio and Glencore described the talks as preliminary, with the plan centered on an all-share buyout of “some or all” of Glencore. This means payment would come in shares, not cash. Under UK takeover rules, Rio has until Feb. 5 to make a firm offer or walk away. Glencore’s shares jumped over 10%
Glencore stock jumps on Rio Tinto deal talks — what GLEN.L investors watch next

Glencore stock jumps on Rio Tinto deal talks — what GLEN.L investors watch next

London, Jan 10, 2026, 07:50 GMT — Market closed Glencore (GLEN.L) shares closed up 9.6% on Friday at 452.65 pence after Rio Tinto confirmed preliminary discussions about a possible combination that could include an all-share merger. The stock traded in a 437.9–459.0 pence range and is now sitting near the top end of its recent band as London markets remain shut for the weekend. (Investing.com) The revived talks matter because they point to another big swing at consolidation among miners chasing copper and other industrial metals, while trying not to spook shareholders on coal. A combined Rio-Glencore would be valued
Rio Tinto stock slides on Glencore merger talks as Feb 5 takeover deadline looms

Rio Tinto stock slides on Glencore merger talks as Feb 5 takeover deadline looms

London, Jan 10, 2026, 08:01 (GMT) — Market closed Rio Tinto Plc (RIO.L) shares dropped 3.04% on Friday after the miner revealed early talks with Glencore about a potential merger. The stock closed at 6,006 pence, trading in a range from 5,991p to 6,118p, setting the 6,000p level as a key point to watch when the London market opens. (Investing.com) The renewed talks have revived one of the market’s biggest “what-ifs,” and the clock is ticking: under UK takeover rules, Rio has until Feb. 5 to make a firm offer or publicly rule out a deal. Rio, the world’s largest
Rio Tinto stock slides on revived Glencore merger talks as Feb 5 deadline nears

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

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Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

7 February 2026
Walmart shares rose 3.3% Friday to $131.18, up 10% since Jan. 30, as the Dow closed above 50,000 for the first time. The retailer’s market value crossed $1 trillion this week. Investors await January inflation data on Feb. 13 and Walmart’s quarterly results on Feb. 19 for signs of continued momentum.
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