2026-01-09 03:00:22

Two mining powerhouses are quietly exploring a game-changing merger. Glencore and Rio Tinto have initiated preliminary buyout negotiations that could reshape the global mining landscape. If the deal closes, the combined entity would become the world's largest mining operation, boasting a combined market capitalization approaching $207 billion. This potential consolidation reflects broader industry trends where major resource companies are repositioning amid shifting energy demands and supply chain pressures. For those tracking mining economics and its ripple effects on production costs, this development warrants attention.

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MidnightSeller

· 19h ago

Damn, it's that same big merger tactic again, always saying "changing the game."

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OnChainDetective

· 19h ago

ngl, "quietly exploring" is doing heavy lifting here... wallet clustering on these two entities' recent tx patterns suggests something was already priced in weeks ago. not buying the surprise angle tbh

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MissedAirdropAgain

· 19h ago

Wow, are the two major mining giants really going to merge? The global mineral landscape is about to be reshuffled.

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OnchainFortuneTeller