About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Group 1 - Rio Tinto has abandoned a significant mining deal with Glencore for the third time [1]

知情人士称，历次谈判受阻的核心原因包括力拓不愿支付高额溢价，以及双方在管理文化上的差异。最 近一轮磋商虽被认为是双方距离达成交易最近的一次，但在嘉能可庞大且复杂的采矿与大宗商品交易业 务估值问题上，双方仍然僵持不下，最终未能跨越关键门槛。 随着谈判破裂，全球矿业整合版图短期内难现颠覆性变化，行业并购热潮也再度面临现实约束。 两家公司于今年1月初披露正在进行接触，此后围绕力拓需要支付的收购溢价问题展开拉锯。消息公布 后，嘉能可股价一度暴跌逾11%，截至发稿，该股跌超6.5%。嘉能可随后在另一份声明中表示，公司具 备稳健的独立发展逻辑，将继续专注于自身既定战略重点。 事实上，力拓与嘉能可合并的设想已被讨论十余年。该构想最早出现在2008年全球金融危机之前；2014 年，嘉能可曾对力拓进行非正式接触，但很快遭到拒绝；直至2024年，双方才再次认真恢复谈判。 智通财经APP获悉，全球矿业巨头力拓(RIO.US)表示，已退出与嘉能可(GLNCY.US)的收购谈判，双方 因估值分歧未能达成一致，一桩可能缔造全球最大矿业公司的超级并购随之流产。 力拓在声明中称，不打算对规模较小的竞争对手嘉能可提出收购要约。按照英国并购规则 ...

Core Viewpoint - A proposed deal aimed at creating the world's largest mining company, valued at over $200 billion, has not materialized, leading to a significant decline in Glencore's share price by approximately 8% [1] Company Summary - The deal would have positioned Glencore as the largest player in the mining sector, with a market capitalization exceeding $200 billion [1] - Following the news of the failed deal, Glencore's shares experienced a notable drop of around 8% [1]

Group 1 - The two mining companies are in discussions regarding a potential merger [1]

Rio Tinto said on Thursday that it was no longer in talks with Glencore about a takeover that would have created the world's largest mining company, saying it could not reach an agreement that would d... ...

Market Overview - U.S. stocks are expected to have a volatile start in 2026, while European markets are performing strongly, with the STOXX 600 index up over 4% year-to-date compared to the S&P 500's flat performance [1] - European governments are increasing spending and anticipating economic growth, which may lead to U.S. stocks lagging behind their European counterparts [1] Leading European Stocks - Five European stocks are highlighted for their bullish trends in 2026, each with a Benzinga Edge Momentum Score of at least 90 [2] Rio Tinto - Rio Tinto has a Benzinga Edge Momentum Rating of 90.03 and is a diversified mining company focusing on iron ore, copper, aluminum, diamonds, and gold [3] - The stock has increased over 35% in the last three months, trading at 12.5 times forward earnings and 2.8 times sales, with a 4% dividend supported by a 64% payout ratio [3] ASML Holdings - ASML Holdings, rated 95.44, is a crucial technology company in Europe, known for its EUV machines that cost over $300 million each and cannot be replicated [4] - The company sells approximately 40 units annually, with a backlog exceeding a year of revenue, despite a high valuation of 43 times forward earnings and 14 times sales [5] - ASML shares are in a strong uptrend, with recent volatility helping to stabilize after a nearly 30% gain in January [6] TechnipFMC - TechnipFMC has a Benzinga Edge Momentum Rating of 92.88, with a highly anticipated Q4 2025 earnings release on February 19, following its highest EPS of $0.75 per share in over a decade reported in Q3 2025 [7] Schmid Group - Schmid Group has a Benzinga Edge Momentum Rating of 99.04 [9] Constellium - Constellium, rated 95.10, is a diversified aluminum products manufacturer with a market capitalization of $3 billion [9] - The company received an upgrade from Wells Fargo, raising its price target to $25, indicating over 45% upside potential [10] - CSTM shares have been trending upward since last summer, with a catalyst coming from its Q4 2025 earnings report scheduled for February 18, where analysts expect $1.9 billion in revenue and EPS of $0.32 [11]

Core Viewpoint - Rio Tinto is advocating for its chair and CEO to maintain their positions in any potential merger with Glencore, while Glencore is seeking a significant premium in the negotiations [1] Group 1 - Rio Tinto's leadership is pushing for continuity in management roles during merger discussions with Glencore [1] - Glencore is demanding a substantial premium as part of the merger negotiations [1]

Core Viewpoint - Glencore is set to hire Citigroup as the lead investment bank for its potential acquisition deal, indicating a strategic move in the mining sector [1] Group 1: Company Actions - Glencore is preparing to engage Citigroup for a potential acquisition, highlighting its ongoing strategic initiatives in the mining industry [1] - Citigroup has a long-standing relationship with Glencore, having previously advised on significant transactions, including the 2011 IPO and the recent acquisition of Teck Resources' coal business [1] Group 2: Industry Context - The involvement of Citigroup in Glencore's potential acquisition suggests a competitive landscape in the mining sector, particularly with respect to mergers and acquisitions [1] - The disclosure submitted to the UK Takeover Panel indicates that Glencore is actively exploring opportunities to enhance its market position through strategic acquisitions [1]

Group 1 - Rio Tinto Group (NYSE: RIO) is recognized as a significant player in the mining sector, extracting and processing resources such as iron ore, aluminum, copper, gold, lithium, and borates [3] - The company is the world's largest producer of iron ore and one of the largest producers of aluminum and copper, indicating strong long-term growth potential [3] - However, challenges such as a potential global oversupply of iron ore and declining demand from China's construction and property sectors may negatively impact sales and prices in the near to medium term [3] Group 2 - Despite the potential of Rio Tinto as an investment, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]