What is the Rio Tinto Glencore merger talk about?

Rio confirmed renewed discussions with Glencore on a potential combination that the Financial Times values around US$260 billion. Paths include a full tie-up or targeted asset transactions. Markets expect clarity on coal and trading carve-outs, financing mix, and governance. The UK takeover clock to 5 February adds timing pressure and keeps news flow market moving.

How did the news affect the rio tinto share price today?

The stock fell sharply on the headlines, at one stage more than 5%, before settling near A$149.59, down about 2% on our latest read. The day range sits at A$148.00 to A$150.14, with resistance near A$154.75. Light volume versus average suggests many are waiting for firmer deal terms.

Why does copper exposure matter in this deal?

Copper is central to electrification, grids, and EV growth, so scaled exposure can raise portfolio quality and long-run cash flow durability. A Rio-Glencore tie-up could deepen copper optionality, but only if coal and the marketing unit are addressed cleanly. That trade-off is why Rio Tinto Glencore merger talk has become the main driver of sentiment.

What are the key dates and risks to watch next?

Watch the 5 February UK deadline and 19 February 2026 for Rio’s results. Risks include dilution from any share issuance, antitrust reviews, and execution on any carve-outs. Technicals show overbought readings, so price swings could widen on news. Keep an eye on the glencore share price and copper for cross signals.

Global Market Insights

RIO.AX Stock Today: January 10 — Shares Slide on Glencore Megadeal

ByHuzaifa Zahoor January 10, 2026January 10, 2026

Rio Tinto Glencore merger talk is back in focus, with Rio confirming renewed discussions on a tie-up that could reach US$260 billion. The news hit RIO.AX as investors weighed bigger copper exposure against coal and marketing carve-outs. A UK takeover clock to 5 February tightens timing and structure risk. Today’s read covers price action, key levels, and what to watch into Rio’s 19 February results. We also outline scenarios that could drive near-term moves in the rio tinto share price.