Rio Tinto stock tumbles on mega merger talks, dragging down ASX — as it happened

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Financial News Brief

Summary

The ASX 200 closed marginally lower in choppy trade, heavily influenced by Rio Tinto’s sharp sell-off following confirmation of early-stage merger talks with Glencore. The potential deal, which could create the world’s largest mining company, sparked significant market debate and analyst reaction.

Key Points

  • Market Close: ASX 200 edged down 3 points to 8,716. Energy (+1.9%) was the top sector, while Basic Materials (-0.9%) lagged.
  • Rio Tinto-Glencore Talks: Both companies confirmed early buyout talks. Rio’s stock fell over 6%, its worst day since July 2022, on investor concerns over deal terms and strategic fit.
  • Analyst Reactions: Mixed views emerged. Some emphasized Rio’s stronger assets and the need for significant synergies, while others questioned the strategic rationale and cultural fit. A major sticking point is Glencore’s coal assets, which Rio exited in 2018.
  • Other Market Movers: Codan shares surged ~17% on a strong profit forecast. The Australian dollar fell below 67 US cents after RBA commentary lowered rate hike expectations.
  • RBA Outlook: Following an interview with Deputy Governor Andrew Hauser, market odds for a February rate hike fell to 26%. He emphasized the RBA takes a holistic, patient view of the economy.
  • Other News: AustralianSuper rejected a takeover bid for BlueScope Steel. Oil prices rose on supply concerns. Australia’s population forecast shows slowing growth and ageing.

Market Snapshot (at close)

  • ASX 200: 8,716 (flat)
  • AUD/USD: 67.96 cents (flat)
  • Spot Gold: $4,458/oz (+0.4%)
  • Brent Crude: $62.40/barrel (+0.7%)

财经新闻简报

摘要

澳大利亚股市在震荡交易中微幅收低，力拓（Rio Tinto）在确认与嘉能可（Glencore）进行初步合并谈判后股价暴跌，对市场影响显著。这笔可能创建全球最大矿业公司的交易引发了广泛的市场讨论和分析师反应。

关键点

  • 市场收盘：ASX 200指数微跌3点，收于8,716点。能源板块（+1.9%）领涨，而基础材料板块（-0.9%）表现最差。
  • 力拓-嘉能可谈判：双方确认了早期收购谈判。力拓股价下跌超6%，为自2022年7月以来最差单日表现，投资者担忧交易条款和战略匹配度。
  • 分析师反应：观点出现分歧。一些分析师强调力拓资产更强，需要显著的协同效应；另一些人则质疑战略逻辑和文化融合。一个主要难点是嘉能可的煤炭资产，力拓已于2018年退出该领域。
  • 其他市场动向：Codan因盈利预测强劲，股价飙升约17%。澳元在澳洲联储（RBA）官员讲话后跌破67美分，市场加息预期降温。
  • 澳洲联储展望：副行长Andrew Hauser接受采访后，市场对2月加息的概率预期降至26%。他强调澳洲联储是从整体、耐心的角度看待经济。
  • 其他新闻：AustralianSuper拒绝了针对博思格钢铁（BlueScope Steel）的收购要约。油价因供应担忧上涨。澳大利亚人口预测显示增长放缓及老龄化。

市场概览（收盘时）

  • ASX 200指数：8,716点（持平）
  • 澳元/美元：67.96美分（持平）
  • 现货黄金：4,458美元/盎司（+0.4%）
  • 布伦特原油：62.40美元/桶（+0.7%）

Original Article Link: https://www.abc.net.au/news/2026-01-09/asx-markets-business-live-news-jan-2025-9/106212732

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