Two companies were formed on 1 January this year, with the names Pluto Pty Ltd and Neptune NL. From the names of the companies, it is clear that the former is a proprietary company and the latter is a mining company.

Question

Quizplus · Accepted Answer

The name "Pty Ltd" indicates that Pluto Pty Ltd is a proprietary company, while the abbreviation "NL" typically indicates a public company involved in mining exploration or production, so Neptune NL is likely a mining company.

Two Companies Were Formed on 1 January This Year, with the Names