UPDATE 5-Glencore and Rio Tinto hold buyout talks to create $207 billion mega-miner
Published on: Jan. 9, 2026, 3:29 a.m. | Source: Devdiscourse
The two companies said one option would include an all-share buyout of Glencore by Rio Tinto. Rio Tinto, the world's biggest iron ore miner, has a market capitalisation of about $142 billion, while Glencore is valued at $65 billion as of its last close.
