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RioTinto

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Australia shares dip to seven-session low ahead of US CPI, Fed decision

Australia shares dip to seven-session low ahead of US CPI, Fed decision U.S. CPI and Fed policy decision awaited Mining stocks fell 0.9% Energy stocks 1% in green Updates to close By Prerna Bedi June 12 (Reuters) - Australian shares closed at a seven-session low on Wednesday as investors exercised caution ahead of key U.S. consumer inflation data and the Federal Reserve's rate decision due later in the day.
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Australian miners hit 11-week low as iron ore prices drop

BUZZ-Australian miners hit 11-week low as iron ore prices drop Updates share moves, adds weekly milestone ** Australian mining stocks .AXMM fall as much as 1.1% to hit their lowest level since March 27 ** Sub-index on course for a fourth consecutive weekly drop, down 3.8% so far in the week ** Iron ore futures hit a two-month low on Tuesday, weighe
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Miners, financials drag Australian shares lower; US CPI, Fed policy in focus

Miners, financials drag Australian shares lower; US CPI, Fed policy in focus June 12 (Reuters) - Australian shares fell on Wednesday, led by losses in heavy-weight miners and financials, with investors focused on the upcoming release of U.S. inflation data and the Federal Reserve's policy announcement. The S&P/ASX 200 index .AXJO fell 0.5% to 7,720.1 by 0035 GMT.
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Australian miners hit 11-week low after sharp drop in iron ore prices

BUZZ-Australian miners hit 11-week low after sharp drop in iron ore prices ** Australian mining stocks .AXMM fall as much as 1.1% to hit their lowest level since March 27 ** Iron ore futures hit a two-month low on Tuesday, weighed down by lingering weak fundamentals and concerns over demand prospects in top consumer China IRONORE/ ** Shares of top
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Australia's Rio Tinto drops; Morgan Stanley sees long-term aluminium output benefits from Boyne stake

BUZZ-Australia's Rio Tinto drops; Morgan Stanley sees long-term aluminium output benefits from Boyne stake ** Shares of Rio Tinto RIO.AX down as much as 1.4% to A$121.200 in early trade ** Analysts at Morgan Stanley see the mining giant as a key long-term player that could benefit from long-term aluminium demand ** Morgan Stanley retains "overweigh
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