ReferIndia News Rio Tinto's Bold Bid to Acquire Glencore: A Potential $200 Billion Mining Powerhouse

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Rio Tinto's Bold Bid to Acquire Glencore: A Potential $200 Billion Mining Powerhouse

Published on: Jan. 9, 2026, 11:47 p.m. | Source: Devdiscourse

Rio Tinto's potential acquisition of Glencore could create the world's largest mining company, valued at over $200 billion. This merger may generate over $100 million in advisory fees. JPMorgan is likely to lead as corporate broker while Citi and UBS have historical ties. No formal offer is yet confirmed.

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