Investor urges Rio Tinto to drop London primary listing

Mining giant Rio Tinto has faced calls to move its main listing from London to Sydney (Rio Tinto/PA) -

An activist investor in Rio Tinto has demanded the mining giant scrap its primary London listing and focus on Australia, as the FTSE 100 firm outlined its long-term investment strategy.

Palliser Capital called on the metals and minerals firm to drop its “outdated” dual listing structure across the London and Sydney financial markets.