On May 23, 2024, Palliser Capital announced that it has urged the Rio Tinto Group to scrap its primary London stock market listing and switch its primary listing to Sydney, in order to boost its share price, and Palliser Capital said Company's dual corporate structure has made it more difficult for the mining conglomerate to pursue all stock takeovers, as its London-listed entity is currently at a $27 billion discount to its Australian one. In addition, Palliser Capital?s chief investment officer James Smith said in his presentation that the root cause of the undervaluation is dual-listed corporate structure, and he also stated that scrapping its London listing would give the Company new access to billions worth of tax credits that Australian investors are entitled to.