The Anglo-Australian mining giant stepped up its defense of its dual-listed structure, warning that an independent review, as urged by an activist investor, could distract the mining giant from its strategic goals.

Mining major Rio Tinto on Wednesday backed its dual-listed structure and asked shareholders to vote against London-based hedge fund Palliser Capital's resolution to review the firm's two listings in London and Sydney.

In December 2024, Palliser Capital called for Rio Tinto to unify our DLC structure and, together with certain other shareholders, submitted a resolution for an independent review of the structure. That resolution, outlined in the Notice of Meeting, will be voted on during the 2025 annual general meetings of Rio Tinto plc and Rio Tinto Limited.