According to the CQ News, up to 100 contractors as well as employees would be given notice in a number of weeks, after Rio wraps up a consultation process.
A spokesperson for Rio said, “The Australian coal mining industry is facing extremely challenging conditions, with prices continuing to decline through 2014 and the Australian dollar remaining strong,”
“We have worked to significantly reduce costs and improve productivity across all of Rio Tinto’s Australian coal mines, but still more needs to be done.
“Regrettably, a number of roles at the Kestrel Mine need to be reduced, as part of ongoing efforts to ensure the operation is competitive.
“We will be consulting with all employees about these changes and providing support for those affected.”