Glencore's pursuit of Rio ended in 24 hours.

Talks between Glencore and Rio Tinto ended after 24 hours, and those discussions began in mid-December.

Talks between Glencore and Rio Tinto collapsed after a single day of negotiations. The discussions began in mid-December and were part of Glencore’s wider effort to reshape its metals portfolio. Glencore had seen its copper output fall more than 40 per cent over the prior decade, which formed part of the context for the talks. Reported details: - The discussions ended after 24 hours of talks. - Negotiations began in mid-December. - Glencore's copper output had declined by more than 40 per cent over a decade. Summary: The brief collapse of talks concludes a years-long pursuit and leaves the companies to proceed without a deal. Undetermined at this time.