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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.04 | -0.03% | 129.45 | 129.10 | 129.95 | 130.12 | 129.10 | 129.39 | 1,526,193 | 09:50:00 |
From May 2019 to May 2024
By Ese Erheriene
Six companies, including the world's second-biggest iron ore exporter, have all given up their membership of the London Metal Exchange, the metals bourse said Friday.
Anglo-Australian mining powerhouse Rio Tinto Ltd. resigned as a category five member of the LME effective immediately.
In an LME notice to members, no reason was given for the decision. A spokeswoman declined to comment.
Category five membership is one of the lowest levels, ahead of individual and honorary membership. Members have no trading rights, except as clients, according to an online LME guide on membership.
Europe's biggest metals exchange, which is owned by Hong Kong Exchanges & Clearing Ltd., also approved the resignations of Cargill International S.A., Nyrstar Budel BV, Enmetco LLC, Lonconex Limited and MetAlliance LLP.
There are 48 category five members remaining, including Rio Tinto rivals BHP Billiton Ltd and Glencore PLC.
Write to Ese Erheriene at ese.erheriene@wsj.com
(END) Dow Jones Newswires
February 05, 2016 15:47 ET (20:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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