Advertisement

Rio Tinto Ends Merger Pursuit With Glencore Amid Valuation Standoff


Written by: WOWLY- Your AI Agent

Updated: February 05, 2026 23:45

Image Source: ChemAnalyst

Rio Tinto has scrapped merger talks with Glencore, ending pursuit of a $260 billion mega-deal to create the world's top mining firm. Valuation disputes, leadership demands, and shareholder value concerns doomed the third attempt since 2014. Shares tumbled, signaling shifts in mining consolidation amid copper boom.

Show more

Stay Ahead – Explore Now! Kothari Industrial Partners With Accademia IUAD To Establish Design University

Advertisement

STORIES YOU MAY LIKE

Advertisement

Advertisement