Glencore share price slides again after Rio Tinto drops merger talks — what traders watch next

London, Feb 6, 2026, 08:01 GMT — Session underway

  • Glencore shares slipped roughly 1.9% in early London trading, following a selloff on Thursday.
  • Rio Tinto has dismissed any intention to make a bid for Glencore under UK takeover regulations, dampening short-term takeover rumors.
  • Focus now turns to Glencore’s full-year results on Feb. 18, with investors eager for any new strategic cues.

Glencore (GLEN.L) shares dropped 1.9% to 466.1 pence in early London trading on Friday, deepening losses following Rio Tinto’s exit from merger discussions. The stock hovered close to the day’s low, within a 465.7–468.9 pence range, during the first minutes of the session. 1

The move keeps the heat on the miner-trader…

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