Reported 1 day ago
BHP Mitsubishi Alliance (BMA) has announced plans to cut 750 jobs in Queensland, largely due to high coal royalties set by the state government impacting its financial viability. The cuts will affect various corporate and support roles across its operations, including the care and maintenance of the Saraji South mine. This decision follows a broader review of the company's operations amidst rising costs and fluctuating coal prices, leading to concerns from the Mining and Energy Union regarding the impact on workers and communities.
Source: YAHOO