1052 GMT - BHP Group is the most likely interloper on the Rio Tinto-Glencore merger, Berenberg's Richard Hatch and Jasper Mainwaring write. It has already twice failed to buy Anglo American in a bid to grow its copper portfolio, they say. "BHP could look to acquire Glencore with a rival bid, keep copper, and likely divest the balance," they say. Glencore's shares rise 10% to 455.30 pence, while BHP's London-listed shares fall 0.6% to 2,307 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

January 09, 2026 05:52 ET (10:52 GMT)

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