Rio Tinto shareholders call for resolution on review of dual-listed structure

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate structure. Earlier this month, UK-based Palliser pushed Rio Tinto to abandon its primary London listing and unify its corporate structure in Australia, saying about $50-billion in shareholder value has already been lost due to the current dual-listed setup.