Rio Tinto-Glencore Tie-Up Complexity Likely Fanned Value Disagreement -- Market Talk

Dow Jones
Yesterday

0020 GMT - Any deal to marry mining giants Rio Tinto and Glencore was going to be complex. While talks between the companies ended over disagreements on value, "the complexity of integrating Glencore's diverse commodity basket--spanning metals, coal, and a large trading operation--into Rio's streamlining strategy likely contributed to the difficulty in finding mutually acceptable terms," says CRU analyst William Tankard. Shares in Rio Tinto are 0.4% lower in Sydney, at A$156.52/share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

February 05, 2026 19:20 ET (00:20 GMT)

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