Rio Tinto’s stock price drops, reportedly in talks with Glencore over potential merger

On January 17th, Rio Tinto’s stock price fell by 1.8% in the Sydney market after reports that the world’s second-largest mining giant had preliminary discussions with Glencore regarding a potential merger. According to insiders, Rio Tinto and Glencore recently held talks. It is currently unclear whether negotiations are still ongoing.

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