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.
Image: Rio Tinto
“Operations have been suspended at Weipa as Cyclone Trevor approaches the coast, as per standard procedures,” a spokesman told Reuters by email.
Bauxite is the raw material used to make aluminium. (Reporting by Melanie Burton Editing by Kenneth Maxwell)
