
Brian Szeto
Vice President, Energy and Natural Resource Credit Ratings at Morningstar DBRS, specialising in analysis of the mining sector and credit outlooks for resource companies.
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Jan 26, 2026 • 11min
Q+A: The high stakes behind Rio Tinto & Glencore mega merger talks
Brian Szeto, VP of Energy and Natural Resource Credit Ratings at Morningstar DBRS, specializes in mining sector analysis. He explains why Rio Tinto and Glencore are in talks now. He discusses how mergers can reshuffle portfolios and boost scale. He highlights copper as a strategic must-have. He warns that doing nothing may be the biggest risk for big miners.


