InvestSMART

Rio Tinto flags job cuts

Mining giant set to cull undisclosed number of jobs at Hails Creek mine: report.
By · 1 May 2014
By ·
1 May 2014
comments Comments

Rio Tinto will cut an undisclosed number of jobs at its Hails Creek coal mine, as low coal prices continue to weigh on the miner's operations, Bloomberg reports.

According to the media outlet, Rio Tinto said in an email a number of roles were no longer required at the Australian coal mine, as the operation undergoes some changes to ensure its sustainability.

The mining giant reportedly added that it was working to improve its overall productivity and to reduce costs across all of its mines.

Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
Staff Reporter
Staff Reporter
Keep on reading more articles from Staff Reporter. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.