{"id":9470,"date":"2026-02-16T19:56:14","date_gmt":"2026-02-16T19:56:14","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/9470\/"},"modified":"2026-02-16T19:56:14","modified_gmt":"2026-02-16T19:56:14","slug":"rio-tinto-and-glencore-are-both-losers-as-deal-fails-for-fourth-time","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/9470\/","title":{"rendered":"Rio Tinto and Glencore Are Both Losers as Deal Fails for Fourth Time"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">When a big M&amp;A deal fails, it often ends up with one side viewed as damaged goods. The stock market was quick to give its verdict on Thursday after Rio Tinto Plc and Glencore Plc abandoned talks to create the world\u2019s largest mining company. Rio shares fell 2.5%, Glencore plunged 7%. Zoom out, though, and both companies have taken a hit. Each now faces, alone, the enormous problems they wanted to solve with a merger.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Rio Tinto, with a market value of \u00a3115 billion ($156 billion), has been left overexposed to iron ore, a market wholly dependent on China and one that faces a growing surplus and falling prices. If anyone knows about the dangers of a glut, it\u2019s Rio, a large shareholder in a huge West Africa iron mine that\u2019s just starting to ship its product. The miner can wave a sad farewell, for now, to Glencore\u2019s copper assets, the prized metal at the heart of the electrification era that has driven a spate of industry mergers.<\/p>\n","protected":false},"excerpt":{"rendered":"When a big M&amp;A deal fails, it often ends up with one side viewed as damaged goods. The&hellip;\n","protected":false},"author":2,"featured_media":9471,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[234,7437,351,7436,7438,7440,7439,132,352,7435,2859,2409],"class_list":{"0":"post-9470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-glencore","8":"tag-africa","9":"tag-chief-executive-officer","10":"tag-china","11":"tag-copper-mine","12":"tag-generic-1st-hg-future","13":"tag-generic-1st-ioe-future","14":"tag-generic-1st-xw-future","15":"tag-glencore","16":"tag-glencore-plc","17":"tag-ivan-glasenberg","18":"tag-rio-tinto-plc","19":"tag-view"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/9470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=9470"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/9470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/9471"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=9470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=9470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=9470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}