Arcadium shareholders approve sale to Rio Tinto
Shares of Arcadium Lithium rose about 7% in extended trading after the company said that about 98% of its shareholders had voted in favor of the sale.
SYDNEY, Oct 10 (Reuters) – Iron ore shipments to China from Australia’s Port Hedland terminal rose 5.3 percent in September from a month earlier, port data released on Wednesday showed.
Iron ore shipments to China from the world’s biggest iron ore port totalled 37.4 million tonnes in September, up from August’s 35.5 million tonnes, according to the Pilbara Ports Authority.
Total September iron ore shipments from the port totalled 43.5 million tonnes, up from 42.4 million tonnes in August.
Port Hedland is used by three of Australia’s top four iron ore miners, BHP Billiton, Fortescue Metals Group and Gina Rinehart’s Hancock Prospecting.
(By Wayne Cole; Editing by Richard Pullin)
