BHP Billiton cuts 100 jobs from iron ore business in Perth
MINING giant BHP Billiton has cut about 100 staff from its iron ore division headquarters in Perth.
MINING giant BHP Billiton has cut about 100 staff from its iron ore division headquarters in Perth.
Some of the workers affected were involved in projects that have wound down, and the company has also been reducing costs as part of a focus on improving productivity.
That focus has been brought on by falling commodity prices and high capital costs.
BHP is the world’s largest diversified resources company and third largest iron ore producer for export.
A spokeswoman said BHP regularly reviews its iron ore business to ensure it operates as efficiently as possible.
“This includes reviewing the size and structure of our workforce to ensure it supports the delivery of our productivity agenda,” she said.
“We have been open with our employees about the work being done to improve productivity.”
BHP would assist those who have lost their job, and would seek to find them positions elsewhere in the business where possible, the spokeswoman said.
Originally published as BHP Billiton cuts 100 jobs from iron ore business in Perth
Aussie miner’s $440m claim against Ghana
An Australian gold mining company has taken an African government to court over a dispute worth nearly half a billion dollars.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak - after better than expected inflationary data out of the US sent markets higher around the world.
Outrage over Plibersek’s coal mine move
Outrage is building after Environment Minister Tanya Plibersek approved three new coal mine extensions - one fellow MP calling the decision “despicable”.