Glencore will axe 100 jobs by October from their newly acquired Clermont open cut mine in Central Queensland.
The disappointing news comes hot on the heels of the announcement that 100 jobs would go at Rio Tinto’s Kestrel Mine, also in Central Queensland.
A Glencore spokesperson told the CQ News that a review was undertaken when the company took over the mine from Rio Tinto in June.
“Today’s announcement is one outcome of this review,” the spokesperson said.
“The Australian coal industry continues to face significant challenges including low coal prices, high input costs and a resilient Australian dollar.
“To manage these factors Glencore has focussed on reducing costs and maximising efficiencies across our business in the face of falling margins.
“The mining complex will continue to support a workforce of more than 600 after the changes are implemented.
“Despite the current challenges, the mine remains an important part of our coal portfolio and we do not expect that these changes will impact on Clermont’s annual coal production, which is expected to be around 13 million tonnes by end of 2014.
Glencore began informing employees of the decision yesterday.
“Where vacancies exist, we will explore options for redeployment across our Australian coal operations as well as putting in place support services for affected employees and their families.”
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