'Mother of All Mining Deals' Could Be Back on the Table -- Market Talk

Dow Jones01-09

1031 GMT - The "mother of all mining deals" could be back on the table as Rio Tinto and Glencore confirm they are having preliminary merger talks, Hargreaves Lansdown's Derren Nathan writes. While the merger would create a global leader in multiple metals, deals aren't an automatic path to delivering value for investors, he adds. Synergies could be delivered but how Glencore's coal and trading arm would sit with Rio Tinto's business model poses questions, he says. Coal could be a particular sticking point given Rio Tinto's push for improved sustainability credentials, Nathan writes. Glencore shares rise 9% while Rio Tinto's London listed shares fall nearly 2%.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

January 09, 2026 05:32 ET (10:32 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2602732280?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-09 18:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2602732280","market":"sg","top_or_hot":-1,"title":"'Mother of All Mining Deals' Could Be Back on the Table -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1031 GMT - The \"mother of all mining deals\" could be back on the table as <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> and Glencore confirm they are having preliminary merger talks, Hargreaves Lansdown's Derren Nathan writes. While the merger would create a global leader in multiple metals, deals aren't an automatic path to delivering value for investors, he adds. Synergies could be delivered but how Glencore's coal and trading arm would sit with <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a>'s business model poses questions, he says. Coal could be a particular sticking point given Rio Tinto's push for improved sustainability credentials, Nathan writes. Glencore shares rise 9% while Rio Tinto's London listed shares fall nearly 2%.(adam.whittaker@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 09, 2026 05:32 ET (10:32 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Mother of All Mining Deals' Could Be Back on the Table -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Mother of All Mining Deals' Could Be Back on the Table -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-09 18:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1031 GMT - The \"mother of all mining deals\" could be back on the table as <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> and Glencore confirm they are having preliminary merger talks, Hargreaves Lansdown's Derren Nathan writes. While the merger would create a global leader in multiple metals, deals aren't an automatic path to delivering value for investors, he adds. Synergies could be delivered but how Glencore's coal and trading arm would sit with <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a>'s business model poses questions, he says. Coal could be a particular sticking point given Rio Tinto's push for improved sustainability credentials, Nathan writes. Glencore shares rise 9% while Rio Tinto's London listed shares fall nearly 2%.(adam.whittaker@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 09, 2026 05:32 ET (10:32 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4168","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2602732280","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602732280","pubTimestamp":1767954720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1031 GMT - The \"mother of all mining deals\" could be back on the table as Rio Tinto and Glencore confirm they are having preliminary merger talks, Hargreaves Lansdown's Derren Nathan writes. While the merger would create a global leader in multiple metals, deals aren't an automatic path to delivering value for investors, he adds. Synergies could be delivered but how Glencore's coal and trading arm would sit with Rio Tinto's business model poses questions, he says. Coal could be a particular sticking point given Rio Tinto's push for improved sustainability credentials, Nathan writes. Glencore shares rise 9% while Rio Tinto's London listed shares fall nearly 2%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4168":"多种金属与采矿","BK4585":"ETF&股票定投概念","RIO":"力拓","GLNCY":"Glencore Plc","BK7507":"资源股","BK7095":"多种金属与采矿","BK7511":"ESG概念","RIO.AU":"力拓","BK4588":"碎股"},"translate_title":"“所有矿业交易之母”可能会重新回到谈判桌上——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9,"RIO":0.9,"GLNCY":0.9},"content_text":"1031 GMT - The \"mother of all mining deals\" could be back on the table as Rio Tinto and Glencore confirm they are having preliminary merger talks, Hargreaves Lansdown's Derren Nathan writes. While the merger would create a global leader in multiple metals, deals aren't an automatic path to delivering value for investors, he adds. Synergies could be delivered but how Glencore's coal and trading arm would sit with Rio Tinto's business model poses questions, he says. Coal could be a particular sticking point given Rio Tinto's push for improved sustainability credentials, Nathan writes. Glencore shares rise 9% while Rio Tinto's London listed shares fall nearly 2%.(adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 09, 2026 05:32 ET (10:32 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2602732280","isCrawlerRequest":true}