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NYSE:FCX 3 January 2026 - 24 January 2026

BHP stock rises as it stays out of the Rio-Glencore chase — what investors watch next

BHP stock rises as it stays out of the Rio-Glencore chase — what investors watch next

BHP Group’s U.S.-listed shares climbed 1.7% to $62.80 on Monday as investors digested reports that the miner isn’t planning a rival bid for Glencore. Instead, BHP appears set to wait on Rio Tinto’s takeover discussions, according to two sources familiar with the situation. Those sources also said BHP doesn’t see Glencore’s coal and trading units as a good strategic fit. BHP declined to comment.
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