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Rio Survives Activist Investor Push To End Dual Listing
The push for the review was helmed by London-based hedge fund Palliser, which holds about $88 million in Rio stock. It’s argued the dual-listing structure has been an “unmitigated failure” that’s led to about $50 billion in value destruction, and hindered the miner’s ability to conduct large-scale mergers and acquisitions.
Rio Tinto Group’s first-quarter iron ore shipments fell 9% from the year before to a six-year low, after tropical cyclones disrupted exports from its key Australian terminal, though its growing ...
The U.S. has awarded fast-track status to a copper mining project in Arizona owned by Rio Tinto (RIO) and BHP Group (BHP), Paul-Alain Hunt of ...
Investing.com -- Mining giants Rio Tinto (NYSE:RIO) Group and Glencore Plc (OTC:GLNCY) are reportedly in early-stage discussions about a potential combination, Bloomberg reported on Thursday ...
In this article, we are going to take a look at where Rio Tinto Group (NYSE ... for the Resolution Copper project land swap to occur. (Bloomberg) -- The world’s biggest iron ore miners face ...
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