Are More Talks Between Rio Tinto, Glencore on Horizon? -- Market Talk

Dow Jones02-19

0054 GMT - Macquarie wonders whether Rio Tinto will reengage in talks with Glencore following the current standstill. That is "the key question," the bank says in a note. The bank resumes coverage of Rio Tinto after the recent failure of deal talks between the pair. It has a neutral rating and A$156/share target on the stock. "In the interim, we think Rio will pursue its simplification strategy, taking costs out whilst also keeping a close eye on relative value" with Glencore, Macquarie says. It says it prefers BHP over Rio Tinto, citing asset quality, growth options and an emerging valuation gap. Rio Tinto is up 1.9% at A$168.33. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

February 18, 2026 19:54 ET (00:54 GMT)

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It has a neutral rating and A$156/share target on the stock. \"In the interim, we think Rio will pursue its simplification strategy, taking costs out whilst also keeping a close eye on relative value\" with Glencore, Macquarie says. It says it prefers BHP over Rio Tinto, citing asset quality, growth options and an emerging valuation gap. Rio Tinto is up 1.9% at A$168.33. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2026 19:54 ET (00:54 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>Are More Talks Between Rio Tinto, Glencore on Horizon? -- 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\">\nAre More Talks Between Rio Tinto, Glencore on Horizon? -- 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\">2026-02-19 08:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0054 GMT - <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> wonders whether <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> will reengage in talks with Glencore following the current standstill. That is \"the key question,\" the bank says in a note. The bank resumes coverage of <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> after the recent failure of deal talks between the pair. It has a neutral rating and A$156/share target on the stock. \"In the interim, we think Rio will pursue its simplification strategy, taking costs out whilst also keeping a close eye on relative value\" with Glencore, Macquarie says. It says it prefers BHP over Rio Tinto, citing asset quality, growth options and an emerging valuation gap. Rio Tinto is up 1.9% at A$168.33. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 18, 2026 19:54 ET (00:54 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":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612473827","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612473827","pubTimestamp":1771462440,"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":"0054 GMT - Macquarie wonders whether Rio Tinto will reengage in talks with Glencore following the current standstill. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","RIO.AU":"力拓","BK4585":"ETF&股票定投概念","BK4168":"多种金属与采矿","BK7507":"资源股","BK7095":"多种金属与采矿","BK7511":"ESG概念","RIO":"力拓"},"translate_title":"力拓和嘉能可之间是否即将进行更多谈判？——市场谈","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9,"RIO":0.9},"content_text":"0054 GMT - Macquarie wonders whether Rio Tinto will reengage in talks with Glencore following the current standstill. That is \"the key question,\" the bank says in a note. The bank resumes coverage of Rio Tinto after the recent failure of deal talks between the pair. It has a neutral rating and A$156/share target on the stock. \"In the interim, we think Rio will pursue its simplification strategy, taking costs out whilst also keeping a close eye on relative value\" with Glencore, Macquarie says. It says it prefers BHP over Rio Tinto, citing asset quality, growth options and an emerging valuation gap. Rio Tinto is up 1.9% at A$168.33. 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