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Copper Sparks Mining Sector's Megadeals

The Wall Street Journal

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January 12, 2026

Booming demand for copper is driving a spate of mining megadeals, in a rush to secure more of a metal essential to powering artificial intelligence.

- ALISTAIR MACDONALD AND ED BALLARD

Copper Sparks Mining Sector's Megadeals

The rekindling of talks between Rio Tinto and Glencore is the latest copper-inspired deals. A Glencore copper refinery.

ANDREJ IVANOV/AFP/GETTY IMAGES

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