Glencore's Copper Beat Provides Leverage to Rio Tinto Talks -- Market Talk
Dow Jones01-29
0852 GMT - Glencore and the copper markets have hit their stride at precisely the right time and will no doubt help the miner's conversations with Rio Tinto, RBC Capital Markets analysts say in a note. Although 4Q copper production fell, it still beat consensus expectations by 3%, which is something of a rarity and a key focus of its results, RBC says. Shares rise 3.4% at 523 pence and are up 51% over the past 12 months. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
January 29, 2026 03:52 ET (08:52 GMT)
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