- Eleven Rio Tinto-nominated directors, six of which will be independent; and
- Two directors nominated by Mr Robert Friedland, one of which will be independent.
The FTSE 100 gains more than 1% as oil shares rise.
An agreement to curb output boosts producers including Cnooc, China Petroleum and Inpex.
GMO makes a compelling case for natural-resources stocks, despite the short-term volatility that they can experience. Here are six companies that look good based on the underlying fundamentals.