1/5/2025, 5:41:03 pm

Rio Survives Activist Investor Push To End Dual Listing

Rio Tinto Group survived an attempt by an activist investor to force it to review its dual listing structure, with not enough shareholders backing the proposal. Rio had urged shareholders to reject the proposal. Still, almost 20% voted in favor of the resolution by Palliser Capital UK Ltd., and the world’s No. 2 mining company said it will continue to engage with shareholders on the subject.