{"id":22300,"date":"2026-01-12T09:50:31","date_gmt":"2026-01-12T07:50:31","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rio-tintos-bid-for-glencore-piles-pressure-on-bhp\/"},"modified":"2026-02-27T16:33:19","modified_gmt":"2026-02-27T14:33:19","slug":"rio-tintos-bid-for-glencore-piles-pressure-on-bhp","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rio-tintos-bid-for-glencore-piles-pressure-on-bhp\/","title":{"rendered":"Rio Tinto&#8217;s bid for Glencore piles pressure on BHP"},"content":{"rendered":"<div class=\"uSg02\">\n<div class=\"DrnCK\">\n<div class=\"HwXOf\">\n<div class=\"kcAOr t9ThB\" data-testid=\"RecipientWell\">\n<div data-tabster=\"{&quot;mover&quot;:{&quot;cyclic&quot;:false,&quot;direction&quot;:2,&quot;memorizeCurrent&quot;:false}}\">\n<div class=\"___sj378o0 fly5x3f f1l02sjl f113hnb5\">\n<div id=\"MSG_wAEBaxBxQAA_TO\" class=\"EditorClass ___ok1c3p0 ftgm304 fr7e4de f1ids18y f1ohdurq f1fa7rqs f1ee13vk fkhj508 f1hu3pq6 f11qmguv fly5x3f f1g0x7ka fhxju0i f1qch9an f1cnd47f f19f4twv f1tyq0we fz5stix g7toD\" tabindex=\"-1\" role=\"heading\" aria-level=\"3\" aria-multiline=\"true\" aria-readonly=\"true\" aria-label=\"To: Sithakazelo Dlamini\">If the bid succeeds, and depending on any final value, it could rank among the biggest 10 M&amp;A deals yet and it reflects an appetite for scale that bankers have said could drive mega-deals in 2026.<\/div>\n<div tabindex=\"-1\" role=\"heading\" aria-level=\"3\" aria-multiline=\"true\" aria-readonly=\"true\" aria-label=\"To: Sithakazelo Dlamini\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div data-test-id=\"mailMessageBodyContainer\">\n<div class=\"XbIp4 jmmB7 customScrollBar GNqVo allowTextSelection\">\n<div id=\"UniqueMessageBody_24\" class=\"OuGoX BIZfh\" tabindex=\"0\" role=\"document\" aria-label=\"Message body\" data-fui-focus-visible=\"\">\n<div class=\"rps_805d\">\n<div dir=\"ltr\">\n<div>&#8220;This is yet another example that the mining space is consolidating and the big firms are being forced to do corporate action to create value,&#8221; Mark Kelly, Chief Executive Officer at advisory firm MKI Global, said. Last September, London-listed miner Anglo American announced what was then the sector&#8217;s second biggest M&amp;A deal, with a plan to merge with Canada&#8217;s Teck Resources and forge a new global copper-focused heavyweight. The deal awaits regulatory clearance.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"featured_media":22301,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-22300","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Rio Tinto's talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world's biggest miner, to respond","published_date":"2026-01-12 00:00:00","news_description":"Rio Tinto's talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world's biggest miner, to respond","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22300\/revisions"}],"predecessor-version":[{"id":25645,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22300\/revisions\/25645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/22301"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=22300"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=22300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}