Rio Tinto investors have told executives that they should abandon plans for a multi-billion dollar share issuance and instead borrow more if it is decided that the mining giant needs more liquidity,
Rio chief executive Jakob Stausholm said in February that “serious” consideration was given to a share issuance on the ASX side of the company’s dual-company structure, to boost liquidity and better balance the business between its Australian and British share registers.
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