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Australian shares post worst week in nearly 3 months; Macquarie skids

Australian shares post worst week in nearly 3 months; Macquarie skids Australian central bank decision due next week Macquarie falls 3.6% after first-half profit miss Updates to close By Rajasik Mukherjee Nov 1 (Reuters) - Australian shares fell for a third straight session on Friday to post their worst week in nearly three months, as Macquarie led index heavyweight financials lower after it missed first-half profit estimates.
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Australian mining stocks hit 3-week low on weak iron ore prices

BUZZ-Australian mining stocks hit 3-week low on weak iron ore prices ** Australian mining stocks .AXMM fall as much as 1.2% to hit their lowest level since Oct 9 ** The sub-index is on track for its third consecutive day of retreat ** Iron ore prices declined on Thursday as investors awaited cues on further stimulus from top consumer China next wee
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Argentina Lithium wins local authority approval to kick off exploration push

Argentina Lithium wins local authority approval to kick off exploration push BUENOS AIRES, Oct 31 (Reuters) - Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy Corp LIT.V to kick off exploration efforts in the Paso de Sico concession, the company said on Thursday. Argentina is pushing to accelerate investments in lithium, the key battery metal, which is seen as a bright spot for the battered South American economy that could power export
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Australian shares edge lower; MinRes surges on $743 mln Hancock deal

Australian shares edge lower; MinRes surges on $743 mln Hancock deal Oct 31 (Reuters) - Australian shares dipped on Thursday on dwindling prospects of a local rate cut this year after a mixed quarterly inflation report, while Mineral Resources surged 16% following a $743 million deal with billionaire Gina Rinehart's Hancock. The S&P/ASX 200 index .AXJO was down 0.1% at 8,172.6 points, as of 2334 GMT.
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Zero-carbon ammonia for shipping faces cost, safety challenges

UPDATE 1-Zero-carbon ammonia for shipping faces cost, safety challenges Ammonia bunkering study finds 400 safety risks Shippers reluctant to order ammonia-fuelled vessels Costs are two to four times more than traditional marine fuels Updates Oct 28 item with Singapore pilot study; paragraphs 13,14 By Jeslyn Lerh SINGAPORE, Oct 28 (Reuters) - At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las
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Banks drag ASX 200 ahead of inflation data; Woolworths drops on lower outlook

Banks drag ASX 200 ahead of inflation data; Woolworths drops on lower outlook Oct 30 (Reuters) - Australian shares slipped on Wednesday, with banks leading the losses ahead of local inflation data, while supermarket giant Woolworths emerged as one of the major drags in the benchmark after flagging lower profit for the first half of the year. The S&P/ASX 200 index .AXJO was down 0.2% at 8,230.4 points, as of 2329 GMT.
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Banks, miners lead gains in Australian shares; inflation data awaited

Banks, miners lead gains in Australian shares; inflation data awaited ASX 200 rises for third straight session Inflation data due on Wednesday Gold stocks rise almost 2% Updates to close By Adwitiya Srivastava Oct 29 (Reuters) - Australian shares climbed for a third straight session on Tuesday, led by banks and miners and tracking U.S. peers higher, while investors girded for local inflation data due on Wednesday.
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Banks, real estate stocks propel Australian shares higher; inflation data in focus

Banks, real estate stocks propel Australian shares higher; inflation data in focus Oct 29 (Reuters) - Australian shares edged slightly higher on Tuesday to mark a third session of gains, boosted by a rise in domestic banking and real estate stocks, while investors awaited local inflation data due later in the week to assess the interest rate trajectory.
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Rio Tinto says worker dies at Simandou project in Guinea

UPDATE 1-Rio Tinto says worker dies at Simandou project in Guinea Adds details, CEO comments in paragraphs 2-4 Oct 29 (Reuters) - Australian miner Rio Tinto RIO.AX said late on Monday that an employee from a contracting company had died following a safety incident at its Simandou project in Guinea on Saturday. A ctivity at the SimFer port site in the project where the incident occurred has been suspended, Rio said in a statement.
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Rio Tinto Announces Fatal Incident At Simandou Project

BRIEF-Rio Tinto Announces Fatal Incident At Simandou Project Oct 28 (Reuters) - Rio Tinto Ltd RIO.AX : FATAL INCIDENT AT SIMANDOU PROJECT ACTIVITY AT SIMFER PORT SITE HAS BEEN SUSPENDED EMPLOYEE FROM CONTRACTING CO DIED FOLLOWING INCIDENT AT SIMFER PORT SITE IN SIMANDOU PROJECT Further company coverage: RIO.AX
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Miners help Australian shares close slightly higher

Miners help Australian shares close slightly higher Miners up 0.8% on strong iron ore prices Financials down after 3 days of gains Australian CPI data due on Wednesday Updates to close By Rajasik Mukherjee Oct 28 (Reuters) - Australian shares closed marginally higher on Monday as gains in miners outweighed losses in financials and energy stocks, while investors awaited third-quarter inflation data due later in the week for further monetary policy cues.
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Australian shares waver as miners counter energy, gold stocks

Australian shares waver as miners counter energy, gold stocks Oct 28 (Reuters) - Australian shares struggled for a clear direction on Monday as gains by miners partially offset energy and gold stocks, while investors remained on the sidelines ahead of local inflation data due this week. The S&P/ASX 200 index .AXJO shed early gains of 0.2% to trade flat, as of 2236 GMT.
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Zero carbon ammonia for shipping faces cost, safety challenges

ANALYSIS-Zero carbon ammonia for shipping faces cost, safety challenges Ammonia bunkering study finds 400 safety risks Shippers reluctant to order ammonia-fuelled vessels Costs are 2-4 times more than traditional marine fuels By Jeslyn Lerh SINGAPORE, Oct 28 (Reuters) - At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key test for its adoption as a marine fuel in the push for cle
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Rio Tinto signs MOU with China's Nanjing steel on decarbonisation

Rio Tinto signs MOU with China's Nanjing steel on decarbonisation BEIJING, Oct 25 (Reuters) - The world's largest iron ore miner Rio Tinto RIO.AX said on Friday it signed a Memorandum of Understanding (MOU) with China's Nanjing Iron and Steel Co (NISCO) 600282.SS on decarbonisation technology in ironmaking. Technical teams from both companies will work closely on exploring pelletizing using the Pilbara fines and the application of biomass.
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Australia shares end slightly higher on Wall Street-led tech boost, as WiseTech jumps

Australia shares end slightly higher on Wall Street-led tech boost, as WiseTech jumps ASX 200 logs worst week since early September Tech stocks log best day since mid-August WiseTech CEO changes role; shares soar Qantas shares close at record high Whitehaven up 5% Updates to close By Adwitiya Srivastava Oct 25 (Reuters) - Australian shares closed higher on Friday, underpinned by technology stocks as overnight gains on Wall Street boosted the sub-index, with software developer WiseTech Global sur
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Mining and tech stocks lift Australian shares, WiseTech jumps after CEO takes new role

Mining and tech stocks lift Australian shares, WiseTech jumps after CEO takes new role Oct 25 (Reuters) - Australian shares rose on Friday, led by mining and technology stocks, as WiseTech jumped after its former CEO shifted to a consulting role and Whitehaven Coal gained on better-than-expected quarterly output. The S&P/ASX 200 index .AXJO rose 0.3% to 8,231.3, as of 2347 GMT.
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US copper imports accelerate in wake of CME squeeze: Andy Home

RPT-COLUMN-US copper imports accelerate in wake of CME squeeze: Andy Home Repeats OCT. 24 story. No change to text By Andy Home LONDON, Oct 25 (Reuters) - The May squeeze on the CME copper contract has passed but the impact on global flows of the red metal is still playing out. U.S. imports of copper have surged after traders capitalised on a rare arbitrage window that opened between the CME and the London Metal Exchange (LME) contracts at the height of the squeeze on CME short position holders.
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Costs, price rise should support Fortescue in challenged iron ore market, Jefferies says

BUZZ-Costs, price rise should support Fortescue in challenged iron ore market, Jefferies says ** Analysts at Jefferies expect unit costs and price realisations to improve into year-end for Australian miner Fortescue FMG.AX ** The world's fourth-largest iron ore miner, on Thursday, posted a rise in Q1 iron ore shipments but flagged rising costs at i
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US copper imports accelerate in wake of CME squeeze: Andy Home

COLUMN-US copper imports accelerate in wake of CME squeeze: Andy Home By Andy Home LONDON, Oct 24 (Reuters) - The May squeeze on the CME copper contract has passed but the impact on global flows of the red metal is still playing out. U.S. imports of copper have surged after traders capitalised on a rare arbitrage window that opened between the CME and the London Metal Exchange (LME) contracts at the height of the squeeze on CME short position holders.
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Argentina's lithium hunters scale back as EV shift slows

FOCUS-Argentina's lithium hunters scale back as EV shift slows Global lithium prices slump over 80% since last year Argentina lithium production forecasts trimmed M&A interest rises as firms seek deeper-pocketed backers By Daina Beth Solomon SANTIAGO, Oct 24 (Reuters) - The Argentine salt flats in South America's "lithium triangle" have been one of the busiest sites for ventures racing to extract the battery metal needed to power the global shift to electric vehicles.
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