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Rio Tinto Halts $260 Billion Glencore Merger Talks, Sending Glencore Shares Down 7%

Araverus Team|Thursday, February 5, 2026 at 4:57 PM

Rio Tinto Halts $260 Billion Glencore Merger Talks, Sending Glencore Shares Down 7%

Araverus Team

Feb 5, 2026 · 4:57 PM

Glencore · Merger Talks · Mining Industry · Rio Tinto

Glencore Merger Talks Mining Industry Rio Tinto

Rio Tinto has ended merger talks with Glencore, which would have created the world's largest mining firm valued at approximately $260 billion.

Glencore criticized the terms offered by Rio Tinto as undervaluing its assets.

Read More On

Rio Tinto, Glencore Abandon Megadeal Talkswsj.com

Rio Tinto abandons Glencore talks to form world’s biggest miner - Financial Postfinancialpost.com

Rio Tinto abandons Glencore talks to form world’s biggest miner - News24news24.com

Rio Tinto and Glencore abandon talks to form world’s largest miner - Yahoo Finance UKuk.finance.yahoo.com

Would have created world's largest mining firm: Mining giant Rio Tinto abandons Glencore merger bid - RTL Todaytoday.rtl.lu

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