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acquisitionAnnounced · Jan 19, 2026MiningSource · CredibleArticle · Expectations
Glencore
Rio Tinto
Glencore · Rio Tinto

Rio Tinto acquires Glencore

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$260B
Target
Glencore
Glencore
OTC: GLCNF · Baar, Zug
Acquirer
Rio Tinto
Rio Tinto
Merger
Status
Pending

Rio Tinto agreed to acquire Glencore. Reported deal value: $260B. Status: Pending. Sector: Mining. Target headquarters context: Baar, Zug, Switzerland.

This page summarizes publicly available information about the transaction as of 2026-01-19. Figures and status may change as filings and press coverage update.

Analysis How a Glencore deal can solve Rio many problems in one fell swoop Thorny issues like Chinese ownership levels and franking credit wastage have dogged Rio Tinto for years

Deal timeline

Announced
Jan 19, 2026 · afr.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Mining with a reported deal value of $260B. Figures and status may change as sources update.

Sources: afr.com · Primary article · FireStrike proprietary index