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Why Did Rio Tinto Walk Away from Glencore Merger Talks?

8:26am on Friday 6th of February, 2026 AEDT Mining
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Why Did Rio Tinto Walk Away from Glencore Merger Talks?

8:26am on Friday 6th of February, 2026 AEDT
Key Points
  • Rio Tinto confirms no merger or business combination with Glencore
  • Decision based on inability to deliver shareholder value
  • Announcement made under Rule 2.8 of the City Code on Takeovers and Mergers
  • Rio Tinto reserves rights to revisit if circumstances change
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