Rio Tinto and Glencore revive merger discussionBloombergRio Tinto Group is in talks to buy Glencore PLC to create the world’s biggest mining company with a combined market value of more than US$200 billion, a little over a year after earlier talks between the two collapsed. Glencore and Rio both own large copper assets, and the potential deal would create a new mining behemoth to rival BHP Group, which has long held the title of the biggest miner. The Rio Tinto Group logo atop Central Park tower, which houses the company`s offices, in Perth, Australia, yesterday. Trott, who ran Rio’s iron ore division before taking the helm in August last year, aims to sharpen an organization that critics say became bloated in recent years. Since then, Rio replaced its CEO, while Glencore made an effort to publicly outline its copper growth prospects.

Source: Taipei Times January 09, 2026 16:01 UTC