Rio Tinto clock and Canada smelter talks set up the week ahead
London, February 1, 2026, 07:53 GMT — Market closed.
- Glencore closed Friday at 499.25 pence, down 1.7%.
- Bloomberg reported Rio and Glencore may seek more time for merger talks ahead of Feb. 5.
- Glencore Canada said key issues remain unresolved in talks on the Horne smelter’s future.
Glencore Plc (GLEN.L) closed down 1.7% at 499.25 pence on Friday, with investors heading into the new week watching the takeover timetable and a regulatory standoff in Canada. (Yahoo Finance)
On Friday, Bloomberg reported Rio and Glencore were expected to seek an extension from the UK’s mergers regulator to keep talks going, citing people familiar with the matter. The report said valuation issues were still a sticking point. (
