Rio Tinto and Glencore Walk Away From Megamerger, but Mining M&A Marches On
Source: Investing News Network
2026-02-09 14:22:43 ET
The collapse of merger talks between Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) has ended what would have been the mining industry’s largest-ever deal.
The two companies confirmed last week that discussions over a potential US$260 billion combination had been abandoned after failing to agree on terms that would deliver value for shareholders.
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Rio Tinto and Glencore Walk Away From Megamerger, but Mining M&A Marches On
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