Rio Tinto, Glencore weigh ASX spin-off amid $300b mega-merger

Rio Tinto, Glencore weigh ASX spin-off amid $300b mega-merger

The Rio and Glencore boards would be considering whether some of the non-core businesses, particularly coal, could work in an ASX-listed vehicle.

Will a Rio Tinto, Glencore copper merger and price surge help Mt Isa?

Rio and Glencore are in talks about an all-share combination that would create a US$200-plus billion mining giant. A statement by Rio Tinto last week noted the announcement by Glencore and confirm that Rio Tinto and Glencore have been engaging in preliminary discussions about a possible combination of some or all of their businesses, which […] The post Will a Rio Tinto, Glencore copper merger and price surge help Mt Isa? appeared first on cairns…

Australian National Review - Will a Rio Tinto and Glencore copper merger and price surge help Mt Isa?

Rio and Glencore are in talks about an all-share combination that would create a US$200-plus billion mining giant. A statement by Rio Tinto last week noted the announcement by Glencore and confirm that Rio Tinto and Glencore have been engaging in preliminary discussions about a possible combination of some or all of their businesses, which could include an all-share merger between Rio Tinto and Glencore. The parties’ current expectation is that …

Glencore stock swings back into view as Rio deal doubts hit before London open

London, Jan 15, 2026, 06:53 GMT — Premarket action underway. Glencore (GLEN.L) shares drew renewed attention Thursday as a prominent Australian investor challenged the value of Rio Tinto’s stake in the miner-trader, raising fresh doubts about its valuation ahead of London’s market open. Timing is crucial here. Merger rumors have pushed Glencore’s shares around sharply, while Rio faces a strict deadline under the UK Takeover Code. The company mus…

Rio Tinto 'in our hearts' as merger talks roll on: Minister - Mining Magazine Australia

Image: Rob Bayer/shutterstock.com Federal Resources Minister Madeleine King has spoken about the proposed Rio Tinto–Glencore merger, noting the sentimental attachment the wider Australian business community has to Rio Tinto.  King said Rio Tinto will “always be regarded as a Western Australian asset in our hearts”, even as this proposed mega deal, which would make Rio the world’s largest miner, reminds Australians that the mining giant is very m…