Rio Tinto Zinc

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In 1962 the (British) Rio Tinto Company acquired a majority stake in Consolidated Zinc, an Australian company, and was renamed the Rio Tinto Zinc Corporation (RTZ). The Australian company was renamed Conzinc Riotinto of Australia (CRA) but retained a separate corporate identity, with an increasing proportion of its shares being held by the Australian public.

In 1995 CRA and RTZ established a dual-listed structure of two companies listed on different stock echanges but operating under one common board of directors. In June 1997 the RTZ Corporation became Rio Tinto plc and CRA Limited, which was listed on the London and New York Stock Exchanges which CRA became Rio Tinto Limited and is listed on the Australian Stock Exchange. Together they were referred to as Rio Tinto.[1]

Resources

For further information, see relevant SpinProfiles page Rio Tinto Zinc

References

  1. "Company history", Rio Tinto website, accessed March 2009.

External links

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