Job cuts loom at Rio Tinto's Australian operations
PERTH (miningweekly.com) – Mining giant Rio Tinto has confirmed planned staff reductions, but shied away from giving firm numbers.
Reports emerged on Monday that the company would cut about 500 jobs, or 4% of its workforce, across its Pilbara iron-ore assets. The ABC reported that the job cuts would start at the company’s head office in Perth.
"The market outlook remains challenging and we currently have 1 000 initiatives under way across our business to reduce costs, improve productivity and ensure we remain internationally competitive,” a spokesperson for Rio told Mining Weekly Online.
“Unfortunately, there will be some role reductions that will result in people leaving our business. This is not related to our automation programme. We are trying to complete this work as quickly as we can and we are supporting our employees and their families.”
Rio said last week it would suspend iron-ore production at its Hope Downs 4 mine over Christmas for a two-week period, with the 440 staff directed to take leave. The interruption to production will mark the first time mining has been suspended since the 2008 global financial crisis.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation