Activist investor Palliser widens call for review of Rio Tinto’s dual-listing status

Rio Tinto has mines around the world. (Image: Rio Tinto)

Fri, 20 Dec 2024

By Adam Whittaker Activist investor Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, saying it now has the backing of more than 100 shareholders.The UK-based hedge fund said on Thursday it planned to move a resolution at the miner’s next annual general meeting that would direct the board to conduct an independent review into whether unification of Rio Tinto’s structure was in the best interests of its shareholders, and to share the review with the market.In a letter...

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