FTSE 100 news / Companies and sectors / Glencore / 10 October 2026
Glencore (GLEN): news on Saturday 10 October 2026
+3.7 positive
Coverage was mostly positive, focusing on Glencore's Guinea bauxite discussions, reassurance over the Horne site and ambitions around an ASX 100 entry and a Rio Tinto merger. Congo audit requirements added a modest negative.
What drove it
- Rio Tinto merger ambitions
- Guinea bauxite expansion
- Congo audits
The 4 stories
- +7.5 Guinea: after $300 million in bauxite, Glencore discusses alumina and energy
Glencore expanding Guinea bauxite ties, discussing alumina and energy projects. - +5.8 Glencore eyes ASX 100 entry as CEO revives Rio Tinto merger ambitions
ASX 100 entry plans and CEO reviving Rio Tinto merger ambitions. - −4.7 Glencore Faces Congo Annual Audits: Will The Local Content Drive Reshape Mining Operations?
Congo annual audits and local content rules add compliance pressure. - +4.2 Horne closure 'not on the cards' say Glencore - www.mining-journal.com
Glencore says Horne smelter closure is not planned, reassuring.
Glencore: every day · Mining on 10 October 2026 · FTSE 100 overview for the day