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Rio Tinto Limited (ASX:RIO)

ALERT: Price-sensitive ASX Announcement for RIO
Current share price for RIO : $159.530 6.9 (4.52%)+
Announcement
Release
9 Jan 2026 8:20AM
Price at Release
$152.630
Full Release
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Summary
Rio Tinto plc and Rio Tinto Limited, collectively known as Rio Tinto, announced that they have been in preliminary discussions with Glencore plc regarding a potential combination of some or all of their businesses. This could potentially involve an all-share merger, likely executed through a Court-sanctioned scheme of arrangement with Glencore being acquired by Rio Tinto. However, no firm offer has been made, and there is no certainty that one will occur. The deadline for Rio Tinto to announce a firm intention to make an offer or to declare no intention to make an offer is set for 5 February 2026, subject to extensions with the Takeover Panel's consent. This statement contains inside information as per the Market Abuse Regulation and is authorized for release by Rio Tinto's Group Company Secretary, Andy Hodges.
Key Points
  • Preliminary discussions between Rio Tinto and Glencore about a possible combination of their businesses.
  • Potential all-share merger between Rio Tinto and Glencore.
  • Merger may be effected through a Court-sanctioned scheme of arrangement.
  • No certainty that an offer will be made.
  • Deadline for announcing a firm intention or not making an offer is 5 February 2026.
  • Statement contains inside information under the Market Abuse Regulation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.