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Australia shares end lower as miners weigh

Australia shares end lower as miners weigh Rio Tinto down despite higher Q3 output Woodside rises on better annual forecast Energy stocks close lowest since Sept. 27 Gold stocks close highest since August 2020 Employment data due on Thursday Updates to close By Adwitiya Srivastava Oct 16 (Reuters) - Australian shares closed lower on Wednesday, after hitting a record high in the previous session, as miners weighed on the benchmark due to a dip in iron ore prices amid slowing demand prospects.
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Rio's Arcadium buy may pave the way for more lithium purchases

RPT-ANALYSIS-Rio's Arcadium buy may pave the way for more lithium purchases Repeats with no change to text By Melanie Burton MELBOURNE, Oct 15 (Reuters) - Rio Tinto's RIO.AX purchase of lithium miner Arcadium ALTM.N may herald more to come as cash-rich investors seek entry to the energy transition sector, where valuations have been battered by tumbling prices for the metal.
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Australian shares slip from record high; Rio Tinto drops

Australian shares slip from record high; Rio Tinto drops Oct 16 (Reuters) - Australian stocks fell on Wednesday, slipping from a record high close in the previous session, as shares in iron ore giant Rio Tinto dropped on broader weakness in the sector, while Woodside gained after the energy major raised annual output estimates. The S&P/ASX 200 index .AXJO fell 0.3% to 8,293.1, as of 0012 GMT.
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Rio's Arcadium buy may pave the way for more lithium purchases

ANALYSIS-Rio's Arcadium buy may pave the way for more lithium purchases Updates to add byline By Melanie Burton MELBOURNE, Oct 15 (Reuters) - Rio Tinto's RIO.AX purchase of lithium miner Arcadium ALTM.N may herald more to come as cash-rich investors seek entry to the energy transition sector, where valuations have been battered by tumbling prices for the metal.
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Rio's Arcadium buy may pave the way for more lithium purchases

ANALYSIS-Rio's Arcadium buy may pave the way for more lithium purchases MELBOURNE, Oct 15 (Reuters) - Rio Tinto's RIO.AX purchase of lithium miner Arcadium ALTM.N may herald more to come as cash-rich investors seek entry to the energy transition sector, where valuations have been battered by tumbling prices for the metal. Rio Tinto CEO Jakob Stausholm told Reuters last week that a weak market had yielded an opportunity to pick up top quality assets at the right price , triggering its $6.7 billio
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