Friday, January 9, 2026- Global mining giants Glencore and Rio Tinto have resumed negotiations on a potential $260 billion merger, a deal that could reshape the industry and set a new benchmark for resource consolidation.
Sources say discussions are focused on integrating operations, optimizing supply chains, and capturing greater market share in metals and commodities critical to energy transition and industrial demand.
The megadeal comes at a time of surging demand for minerals like copper, nickel, and lithium, essential for electric vehicles and renewable energy technologies.
Analysts suggest that a successful merger could give the combined entity unprecedented leverage in global markets, potentially influencing commodity prices and investment flows. Investors are watching closely, as the announcement alone has already moved stock valuations in the sector.
Industry experts caution that the merger faces regulatory scrutiny in multiple jurisdictions due to antitrust concerns and geopolitical implications. However, if finalized, the deal could accelerate consolidation trends in mining, drive innovation, and enhance efficiency across global supply chains.
Stakeholders from governments to energy companies are closely monitoring the talks, recognizing the far-reaching economic and strategic impact of such a massive transaction.
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