what to watch before the ASX reopens after Rio-Glencore talks

Sydney, Jan 11, 2026, 16:54 AEDT — Market closed.

  • Fortescue ended Friday at A$22.71, slipping 0.18%.
  • Mining shares grabbed attention when Rio Tinto’s bid for Glencore reignited speculation of a deal.
  • Fortescue will release its December-quarter production report on Jan. 22.

Fortescue Ltd shares open Monday with renewed focus on the major miners after Rio Tinto’s bid for Glencore reignited merger speculation. The stock last closed at A$22.71 on Friday, slipping 0.18%. (MarketWatch)

That’s significant for Fortescue, even though it’s not part of the discussions. In Australia, cash tends to flow through the sector as a group, with miners often pricing in the theme ahead of the actual results.

The key…

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